Technology · India Bureau
Adobe appoints Anil Chakravarthy as new CEO, Narayen shifts to executive chair
Adobe has announced a leadership transition, with Anil Chakravarthy set to assume the role of chief executive from December 1. Longtime CEO Shantanu Narayen will transition to executive chair as the software giant navigates intensifying competition in the AI-driven creative tools market.
LSN India ·
The software company said Chakravarthy, who currently holds the position of president at Adobe, will take over as chief executive effective December 1. Narayen, who has led the company since 2007, will assume the executive chair role under the new structure.
The leadership reshuffle comes as Adobe faces mounting pressure from artificial intelligence tools that are reshaping its core creative software business. The transition reflects the company's efforts to strengthen its competitive position in a market increasingly dominated by AI-powered alternatives.
Chakravarthy brings extensive experience from his tenure as president, where he has overseen key business operations. His appointment signals Adobe's commitment to navigating the evolving digital landscape and maintaining its relevance among creative professionals worldwide.
Narayen's shift to executive chair allows the company to retain his strategic guidance while enabling fresh leadership at the operational helm. The change comes as software companies across the sector grapple with the rapid advancement of generative AI technologies and their impact on traditional business models.