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Anil Chakravarthy named Adobe’s new CEO

Adobe has named Indian-origin executive Anil Chakravarthy as its next president and chief executive officer, handing him the responsibility of leading the software giant through a period of rapid change driven by artificial intelligence.

Chakravarthy will take over as CEO on December 1, 2026, succeeding Shantanu Narayen, who has led Adobe for more than 18 years. Narayen will move into the role of executive chair and will continue working with the company during the leadership transition.

The appointment comes at an important moment for Adobe. The company behind widely used products such as Photoshop, Acrobat and Illustrator is facing a technology landscape that is changing quickly as generative AI becomes increasingly capable of creating and editing images, videos, documents and other digital content.

Chakravarthy, who currently serves as president of Adobe’s Customer Experience Orchestration business and oversees worldwide field operations, will also join Adobe’s board when he assumes the CEO role.

His appointment represents an internal transition for Adobe. Chakravarthy joined the company in 2020 after serving as chief executive of enterprise software company Informatica. At Adobe, he has held senior positions across its digital experience business and global operations.

His career also includes senior leadership roles at Symantec and VeriSign, along with experience at consulting firm McKinsey & Company. He holds an engineering degree from IIT-BHU, formerly known as IIT Varanasi, and later earned a PhD from the Massachusetts Institute of Technology.

That combination of technology and business experience is expected to be particularly relevant as Adobe works to adapt its products and business model to the rise of AI.

Artificial intelligence has become central to Adobe’s strategy. The company has introduced AI capabilities across its creative and digital experience products, allowing users to generate, edit and manipulate content using natural-language instructions and other AI-powered tools.

The shift has also created new competitive pressures. A growing number of startups and established technology companies are developing AI-powered creative tools that can perform tasks that once required specialised software and considerable technical skill.

Companies such as Canva and Figma have also expanded their presence in areas traditionally dominated by Adobe. Generative AI is lowering the barriers to content creation, forcing established software companies to show that their products remain valuable even as new tools become easier to use.

Adobe has been trying to respond by integrating AI directly into its existing products rather than treating the technology as a separate offering. Its Firefly family of generative AI tools has become a key part of that strategy.

His challenge will be to build on those efforts while keeping Adobe’s large base of professional and enterprise customers engaged.

The leadership change follows a period of uncertainty around Adobe’s position in the market. The company’s shares have faced pressure as investors assess the potential impact of AI on its traditional creative software business. Adobe’s stock has fallen significantly in 2026, adding to concerns about whether the company can maintain its strong position as AI-powered alternatives become more capable.

At the same time, Adobe has continued to report demand for its AI-powered products and has raised its annual profit outlook earlier this year. The company therefore enters the leadership transition with both opportunities and challenges.

Narayen’s move to executive chair means his experience will remain available to Adobe even after he leaves the CEO position. He has overseen one of the most significant transformations in the company’s history, particularly its shift from selling traditional packaged software to a subscription-based cloud model.

That transformation helped turn Adobe into a major recurring-revenue software business. Under Narayen, products such as Photoshop and Acrobat became part of the company’s broader Creative Cloud and Document Cloud ecosystems, while Adobe expanded significantly into digital marketing and customer experience services.

The next transformation is likely to be shaped by AI.

For Chakravarthy, this means balancing innovation with the needs of Adobe’s existing customers. Professional designers, photographers, marketers and businesses depend heavily on Adobe’s software, and the company will need to make AI tools useful without disrupting the workflows that have made its products industry standards.

The new CEO will also inherit a company operating in a market where the definition of creative software is changing. AI tools can now generate images, videos and designs in seconds, raising questions about how traditional creative applications will evolve.

Chakravarthy’s experience in enterprise technology and customer experience could become an important part of that transition. His current role involves helping businesses use Adobe’s technology to manage customer interactions in an increasingly AI-driven digital environment.

The CEO succession also has significance in India, where Chakravarthy’s appointment adds to the growing list of Indian-origin executives leading major global technology companies.

For Adobe, however, the immediate focus will be less on symbolism and more on execution. The company is entering a new phase in which its ability to turn artificial intelligence into sustainable growth could determine its position in the next generation of creative and enterprise software.

As Chakravarthy prepares to take charge, Narayen will remain involved from the boardroom. That gives Adobe continuity while putting a new leader at the centre of its next big challenge.

The question now is whether Chakravarthy can help Adobe make the same kind of successful transition with AI that Narayen achieved with cloud computing nearly two decades ago.

 

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Leaders

Adobe CEO sells $18.2 mn in company shares

Shantanu Narayen, the chief executive of Adobe Inc., has sold shares worth about $18.2 million, according to a recent regulatory filing.

The sale involved around 75,000 shares and was carried out on April 28. Such transactions by top executives are not unusual and are often part of personal financial planning or pre-scheduled trading plans.

However, stock sales by senior leaders are closely watched by investors, as they can sometimes offer clues about how insiders view the company’s future.

The development comes at a time when Adobe is going through a leadership transition. Narayen, who has led the company for nearly two decades, is expected to step down as CEO once a successor is named, though he will continue in the role of chairman.

During his time at the helm, he played a major role in transforming Adobe into a leading global software company, especially by shifting its business to a subscription-based, cloud-driven model.

The company is now adapting to rapid changes in the tech industry, particularly with the growing influence of artificial intelligence in creative tools and digital services.

While the share sale has attracted attention, there is no indication that it reflects any immediate concerns about the company’s performance.

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Leaders

Adobe CEO Shantanu Narayen to step down

Adobe has announced that its chief executive officer, Shantanu Narayen, will step down from the position after leading the global software company for nearly two decades.

The company said Narayen will remain in the role until a new CEO is appointed. After the transition, he will continue as chairman of Adobe’s board and assist the incoming leader during the change in leadership.

Adobe’s board has started the process of finding a successor and has formed a special committee to oversee the search. The company said it will consider both internal and external candidates for the position.

Narayen has been serving as Adobe’s CEO since 2007 and is credited with playing a key role in transforming the company into one of the world’s leading software firms. During his tenure, Adobe moved away from selling traditional packaged software and shifted to a cloud-based subscription model for its popular products.

Under his leadership, services such as Creative Cloud and Document Cloud became central to Adobe’s business. These platforms include widely used tools like Photoshop, Illustrator and Acrobat.

The company also expanded into digital marketing and invested heavily in new technologies, including artificial intelligence, which are now being integrated into many of its products.

In a message to employees, Narayen said he would work closely with the board and leadership team to ensure a smooth transition. He added that the company is well positioned for its next phase of growth.

Following the announcement, several leaders in the technology industry praised Narayen’s contribution to the sector. Microsoft CEO Satya Nadella described his leadership as remarkable and highlighted the impact he had on Adobe’s growth and innovation.

Narayen joined Adobe in 1998 and later became the company’s president and chief operating officer before taking over as CEO.

During his leadership, Adobe grew significantly in market value and strengthened its position as a global leader in creative and digital document software.

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