Adobe names Anil Chakravarthy as next CEO
ADBE Adobe Inc
$266.51 -6.73%
View chart & analysis → - 1Adobe (ADBE) has named Anil Chakravarthy, president of its digital experience business, as its next president and CEO.
- 2He will take office on Dec. 1 and join the board, with Shantanu Narayen transitioning to executive chairman.
- 3Shares fell more than 1% in after-hours trading ahead of fiscal Q3 results due in a week, amid concerns over weakening generative AI demand.
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