Chakravarthy appointed CEO as Narayen transitions to executive chair position.

Adobe Announces Leadership Transition: Anil Chakravarthy to Succeed Shantanu Narayen as CEO

Adobe Inc. has officially named Anil Chakravarthy as its new Chief Executive Officer, effective December 1, 2026. Chakravarthy will succeed Shantanu Narayen, who will transition to the role of Executive Chairman of the Board.

Chakravarthy, who currently holds the position of Executive Vice President and General Manager of Adobes Digital Experience business, has been credited with driving significant growth and innovation at the company. He has been with Adobe since 2020 and has previously held leadership roles at various tech firms, bringing a wealth of experience in product development and management to his new position.

Shantanu Narayen, who has been with Adobe since 1998 and has served as CEO since 2007, played a pivotal role in transforming the company into a leading authority in digital media and cloud-based software solutions. Under his leadership, Adobe shifted its business model to subscription-based services, significantly increasing its market capitalization and customer base.

This leadership change comes as Adobe continues to navigate a competitive landscape in the tech industry, focusing on expanding its product offerings and utilizing artificial intelligence to enhance its services. Analysts have noted that while the announcement of this transition has led to a decrease in Adobe’s stock price, the long-term impact of Chakravarthys leadership remains to be seen.

As the company moves forward, both Chakravarthy and Narayen are expected to work closely to ensure a smooth transition and uphold Adobes commitment to innovation and service excellence.