Breaking
JPOpenAI releases “GPT-6 Astra” to some organizations; cyber capabilities become first “Critical”USColorado vs. Georgia Tech Preview: Sanders Leads Buffaloes in Season OpenerRUExplosions occurred in Odessa, an air raid alert was declared in part of the regionDESPD general secretary criticizes distance from the electorate, CDU warns against AfD cooperationITJudge Alexandre de Moraes sends a petition against his colleague André Mendonça to the president of the Brazilian Supreme CourtARExperts believe that a wedding bomb in southern Iran was likely a direct hit by an American bombESMadrid announces boycott of key CPFF meeting on regional financingRUThe head of Roscongress said that Russian culture has become a soft power with a hard coreESXi Jinping consolidates China's strategic turn in the Middle East after his visit to EgyptINNaomi Osaka calls for better management of influencers at US OpenJPOpenAI releases “GPT-6 Astra” to some organizations; cyber capabilities become first “Critical”USColorado vs. Georgia Tech Preview: Sanders Leads Buffaloes in Season OpenerRUExplosions occurred in Odessa, an air raid alert was declared in part of the regionDESPD general secretary criticizes distance from the electorate, CDU warns against AfD cooperationITJudge Alexandre de Moraes sends a petition against his colleague André Mendonça to the president of the Brazilian Supreme CourtARExperts believe that a wedding bomb in southern Iran was likely a direct hit by an American bombESMadrid announces boycott of key CPFF meeting on regional financingRUThe head of Roscongress said that Russian culture has become a soft power with a hard coreESXi Jinping consolidates China's strategic turn in the Middle East after his visit to EgyptINNaomi Osaka calls for better management of influencers at US Open
Newsgather
All StoriesWorldSportsFinanceTechScienceHealthCultureClimatePoliticsSpace
BackAdobe names Anil Chakravarthy as new CEO; Shantanu Narayan becomes executive chairman
Adobe names Anil Chakravarthy as new CEO; Shantanu Narayan becomes executive chairman
NEWS
ITmedia1 hour agoBusiness2 min readJapanView original

Adobe names Anil Chakravarthy as new CEO; Shantanu Narayan becomes executive chairman

Current CEO Narayan served as the top executive for 17 years starting in 2007. President David Wadhwani announced his resignation.

adobeHuman resourcesceo

Quick Look

  • Adobe announced that Anil Chakravarthy will be appointed as its new CEO on December 1st.
  • Current CEO Shantanu Narayan will step down as executive chairman.
  • Additionally, President David Wadhwani announced his intention to leave the company.

AI-generated summary

Why It Matters

Shantanu Narayan has been CEO of Adobe since 2007. Anil Chakravarthy joined Adobe in 2020 and has overseen the digital experience business.

Font size

Adobe announced on September 3 (local time) that Anil Chakravarthy, who heads the company's Customer Experience Orchestration business and worldwide field operations, will become president and CEO on December 1 and join the company's board of directors. Current CEO Shantanu Narayan will become executive chairman on the same day and will work closely with Mr. Chakravarthy to take over operations and support the company's transformation. Mr. Narayan has served as CEO since 2007.

In his announcement, Mr. Narayan described Mr. Chakravarthy as a transformational leader who leads with values, integrity, and a deep understanding of the business, and who has a track record of building and delivering category-defining products. He believes he is the right person to lead Adobe's growth in the AI-driven era. The Board of Directors unanimously determined that Mr. Chakravarthy is the most suitable leader for the company's next phase of growth. The company recognized the company's efforts to transform and expand its Customer Experience Orchestration business and worldwide field operations over the past six and a half years.

Mr. Chakravarthy joined Adobe in January 2020 as EVP and General Manager overseeing the Digital Experience business. In September of the same year, he also assumed responsibility for worldwide field operations, and was promoted to president of both divisions in December 2021.

Prior to joining Adobe, Mr. Chakravarthy served as CEO of Informatica, an enterprise cloud data management company, for four years, and previously held senior positions at Symantec, VeriSign, and McKinsey & Company. At Adobe, he led the development of products such as Adobe CX Enterprise, GenStudio, and Brand Visibility, and also promoted the acquisition and integration of Workfront and Semrush.

On the same day, David Wadhwani, president of Adobe's creativity and productivity business, announced on LinkedIn his intention to leave the company. Wadhwani said that with Chakravarthy taking over as CEO, now is the right time to start a new chapter for Adobe and for him, and he plans to spend the coming months testing several startup ideas he has in mind.

The company is scheduled to hold a financial results briefing for the third quarter of fiscal year 2026 on September 10th.

What to Watch

AI outlook — possibilities, not facts

  • Details regarding the new structure will be discussed at the financial results briefing on September 10th.

    Very likely · Within days

Open Questions

  • Specific timing of David Wadhwani’s departure from the company
  • Specific changes to product strategy under the new CEO system

Related Topics

adobe
PeopleAnil ChakravarthyShantanu NarayanDavid Wadhwani
OrganizationsAdobeInformaticaSymantecVeriSign
TopicsHuman resourcesceoAnil ChakravarthyShantanu NarayanDavid Wadhwani
This article was originally published by ITmedia.

Related Stories

Lotte HD and Nomura Real Estate plan to build a live house near Shin-Osaka Station
Developing·

Lotte HD and Nomura Real Estate plan to build a live house near Shin-Osaka Station

Lotte Holdings and Nomura Real Estate Development have announced plans to build a live music venue "BEAT PARK OSAKA" with a capacity of approximately 1,600 people approximately 3 minutes' walk from Shin-Osaka Station in anticipation of the extension of the Linear Chuo Shinkansen and Hokuriku Shinkansen lines to Osaka. Aiming to open in March 2020, it is expected to attract more than 300,000 visitors annually. Daisaku Matsuo, president of Nomura Real Estate Development, said that by creating a place where a diverse range of people can gather and experience excitement, he hopes to create a new flow of people and liveliness, and contribute to the development of the town.

ITmedia
2 min read
7-Eleven begins selling apparel to compete with FamilyMart's success
Developing·

7-Eleven begins selling apparel to compete with FamilyMart's success

7-Eleven will collaborate with ANDST HD to begin trial apparel sales from a few hundred stores, with plans to expand to approximately 22,000 stores nationwide. Family Mart will be rolling out ``convenience wear'' starting in 2021, and aims to exceed 20 billion yen in sales in 2025 and 30 billion yen in 2026. Seven's existing store sales remained flat at 99.6% to 100.6% compared to the same month last year from April to July 2026, and the number of customers is on the decline. FamilyMart has followed a similar trend, with sales increasing for the past 57 consecutive months. Seven is looking for hit products to stop customer loss through apparel.

ITmedia
2 min read
Fed Director Waller expresses support for keeping interest rates unchanged depending on August inflation indicators
BREAKING·

Fed Director Waller expresses support for keeping interest rates unchanged depending on August inflation indicators

Fed Director Waller said in an online lecture that if the August price index confirms that inflation is slowing down, he will support keeping the policy rate unchanged at the FOMC meeting in the middle of this month. He welcomed the latest indicators, saying, ``We are finally starting to see some signs of slowing inflation,'' and asserted that initial concerns have not arisen, although he cited high energy prices and increased investment due to the AI ​​boom as inflation risk factors. He expressed an optimistic view of the economic situation, citing continued growth in consumer spending due to high stock prices and a stable labor market, and declared that he would focus on August's CPI and other factors when making monetary policy decisions.

時事通信
2 min read
ASICS executives talk about “player-first” and field-oriented management
Business·

ASICS executives talk about “player-first” and field-oriented management

ASICS executives say that by having the company discuss their dreams once every two weeks and making store training and marathon volunteering compulsory for all executives, they have revitalized internal conversation and inspired the company to move in the same direction globally. During the coronavirus pandemic, we boosted our profit margin by strengthening our e-commerce platform and shifting production to higher-end models, and promoted the development of products such as ``EDGE'' and ``SKY'' tailored to athletes' running styles with a ``player-first'' approach. He emphasized that leaders in the age of AI will be required to "talk about their dreams and have unwavering faith."

ITmedia
3 min read
More on this topicadobe