TLDR Tech / Design
Adobe CEO Shantanu Narayen Says He Will Step Down After Company Installs Successor
Adobe CEO Shantanu Narayen announced he will step down after the company appoints a successor, while remaining as board chair. Narayen has led Adobe since 2007, transforming the company from software licenses to subscriptions and expanding into AI technology. Adobe shares fell 7% in extended trading following the announcement.
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