‘Not a goodbye…’: What Adobe CEO Shantanu Narayen told employees after announcing decision to step down
Shantanu Narayen, CEO of Adobe for 18 years, will step down once a successor is appointed, while continuing as board chairman. Adobe faces intensifying competition from AI rivals. News of Narayen’s decision sent Adobe’s shares tumbling more than 7% in extended trading.
Shantanu Narayen, CEO of Adobe for 18 years, will step down once a successor is appointed, while continuing as board chairman. Adobe faces intensifying competition from AI rivals. News of Narayen’s decision sent Adobe’s shares tumbling more than 7% in extended trading.
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