Adobe's battered shares fell another 7 per cent on Friday as news that the Photoshop maker's long-time CEO will step down cast fresh doubts over its strategy to battle mounting AI competition. Shantan ...

Investing.com -- Adobe (NASDAQ: ADBE) on Thursday said its chief executive of eighteen years, Shantanu Narayen, will step down and that its board had initiated a search for a successor. The company ...

Adobe's battered shares fell another 6% on Friday as news that the Photoshop maker's long-time CEO would step down cast fresh doubts ​over its strategy to battle mounting AI competition.

During Shantanu Narayen's stint, Adobe's revenue grew from under $1 billion to more than $25 billion and its workforce expanded from 3,000 to over 30,000 employees ...

Adobe CEO Shantanu Narayen to step down after 18 years Shares fell 7% after announcement, stock down 23% in 2026 Adobe's AI-first product revenue tripled in fiscal Q1 Did our AI summary help? Adobe ...