Adobe announced on Thursday that Anil Chakravarthy will be its next president and chief executive officer (CEO), starting December 1, 2026. He will take over from Shantanu Narayen, who will move to the role of executive chair. The company said Narayen will work closely with Chakravarthy during the transition to support Adobe's ongoing changes.
Key Details
Chakravarthy has been president of Adobe’s Customer Experience Orchestration business and worldwide field operations since he joined the company in January 2020. He has a B.Tech degree in Computer Science and Engineering from the Indian Institute of Technology (Banaras Hindu University) and earned a Ph.D. from the Massachusetts Institute of Technology (MIT) in 1995. Before Adobe, he held various leadership roles at companies like McKinsey & Company, VeriSign, Symantec, and Informatica.
Background
In a statement, Adobe's Board of Directors expressed confidence in Chakravarthy's leadership. They noted his extensive experience in technology and business operations. Narayen, who has led Adobe since 2007, has played a key role in the company’s growth and innovation during his time.
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The leadership change at Adobe could affect investor sentiment in the tech sector, especially among software companies. Investors may closely watch how Chakravarthy's vision aligns with Adobe's goals, which could impact stock performance. Keep an eye on Adobe's upcoming quarterly earnings report, as it may provide insights into the company's direction under new leadership.
Based on reporting by: livemint.com, moneycontrol.com