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Adobe Names Anil Chakravarthy as New CEO Amid AI Transformation

Shantanu Narayen to become executive chair on Dec. 1 as IIT Varanasi graduate Chakravarthy takes over leadership.

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Adobe CEO Shantanu Narayen steps down after 18 years as AI pressure mounts

Adobe's leadership change amid AI challenges signals a strategic pivot, impacting investor confidence and future revenue growth strategies.

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BizToc broke the news on Sunday, September 6, 2026.
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