Adobe stock fell after CEO Shantanu Narayen announced he will step down following 18 years in the role, the company said Thursday alongside its first-quarter earnings report.
Adobe has announced that Shantanu Narayen will step down as CEO after 18 years leading the software giant. Narayen, who joined Adobe in 1998 and became CEO in 2007, has guided the company from $1 billion in revenue to over $25 billion, expanding its workforce from 3,000 to more than 30,000 employees.
13 Mar 2026-13:53
13 Mar 2026-11:55
