In brief

  • Adobe has appointed Anil Chakravarthy as CEO, and he replaces Shantanu Narayen after 18 years.

  • Narayen becomes executive chairman when Chakravarthy takes over on December 1.

  • Adobe's stock has fallen 18% in 2026 due to concerns about AI development.

Read the original story Adobe appoints Anil Chakravarthy as CEO but AI concerns affect the stock by Darryn Pollock on se.beincrypto.com