Adobe CEO Shantanu Narayen to step down after 18 years; says ‘not a goodbye’

Adobe CEO Shantanu Narayen is stepping down after 18 years, transitioning to Chair of the Board. His tenure saw Adobe evolve from boxed software to a subscription giant, generating over $25 billion annually. The announcement coincided with a strong Q1 earnings report, exceeding estimates, with AI-first product revenue tripling. A successor search is underway.

By TOI TECH DESK