Technology
Adobe names Anil Chakravarthy as CEO from December as Narayen moves to executive chair
Adobe's board named Anil Chakravarthy, president of its Customer Experience Orchestration business and worldwide field operations, as the company's next president and chief executive, effective December 1, 2026, with Shantanu Narayen — CEO since 2007 — becoming executive chair. The handover lands as AI-generated content tools reshape demand for Adobe's creative software, and investors now await the 10 September fiscal third-quarter results for a first read on the new leadership's strategy. Adobe shares slipped about 2% in extended trading after the announcement.