Adobe announced the appointment of Anil Chakravarthy as its new president and chief executive officer, effective December 1. He will succeed Shantanu Narayen, who earlier this year declared his intention to step down from the role. The transition marks a leadership change at the software giant, which is known for its creative and digital marketing products, according to livemint.com.
The decision was made official by Adobe's Board of Directors on Thursday, with a company press release confirming Chakravarthy's new role. Narayen, who has led Adobe for several years, will hand over the reins to Chakravarthy, who has been with Adobe in senior leadership positions. The announcement follows Adobe's internal succession planning and reflects the board's confidence in Chakravarthy's ability to lead the company forward, livemint.com reported.
This leadership change comes at a time when Adobe continues to expand its footprint in digital media and experience management markets. Narayen's tenure saw significant growth and transformation for Adobe, including its shift to cloud-based subscription models. Chakravarthy's appointment is significant as it ensures continuity in Adobe's strategic direction amid evolving market demands and competition from other global software providers, per livemint.com.
Anil Chakravarthy will officially assume the roles of president and CEO on December 1, 2026, marking the beginning of a new chapter for Adobe. The company’s Board of Directors confirmed the appointment on September 3, 2026, solidifying the leadership transition timeline, according to livemint.com.