Anil Chakravarthy

Adobe has appointed Anil Chakravarthy as its new CEO, effective December 1st, succeeding Shantanu Narayen. Chakravarthy, who previously led customer experience orchestration, brings extensive experience from Adobe and a prior tenure as Informatica CEO. This transition occurs amidst investor concerns about AI’s impact on software companies, with Adobe’s stock facing recent declines. David Wadhwani, president of Adobe’s creativity and productivity business, will also depart to pursue entrepreneurial ventures.