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FinanceAdobe names Anil Chakravarthy as CEO, replacing Shantanu Narayen
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Adobe announced on Thursday that Anil Chakravarthy will become its next CEO, succeeding Shantanu Narayen, who announced his departure earlier in March 2026. The leadership change was reported by CNBC, citing an official Adobe announcement. Following the news, Adobe's shares fell approximately 2% in extended trading. The article includes a close-up image of Adobe's corporate signage at an office in Lehi, Utah, taken on August 26, 2026. The report is presented as breaking news, with a note encouraging readers to refresh for updates. This marks a significant transition for the software company as Chakravarthy takes the helm.
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Corporate signage mounted on an exterior concrete wall at an Adobe office building in Lehi, Utah, United States, on August 26, 2026. Charles-McClintock Wilson | Nurphoto | Getty Images
Adobe on Thursday named Anil Chakravarthy as its CEO, succeeding Shantanu Narayen, who announced he would step down earlier this year.
Shares of Adobe fell about 2% in extended trading.
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US Top News and AnalysisWestern
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Adobe names Anil Chakravarthy as CEO, shares fall up to 6.5% on surprise transition