Shantanu Narayen, CEO of Adobe for 18 years, will step down once a successor is found, but will remain as board chairman. Adobe faces challenges with AI competition, causing shares to drop over 7%.

Adobe's longtime CEO Shantanu Narayen will leave his role once ⁠a successor is appointed, the creative tooling company said on ‌Thursday, sending its shares down 6.5% in extended trading on renewed ...

Adobe is to experience a major leadership transition, as its longtime CEO, Shantanu Narayen, steps down from his position as the industry undergoes a major shake-up driven by artificial intelligence ...

In a surprising turn of events, Adobe's long-standing CEO Shantanu Narayen is stepping away from his post after two decades of transformative leadership. His exit coincides with a rising tide of ...