Adobe CEO Shantanu Narayen plans to step down after 18 years

Adobe CEO Shantanu Narayen plans to step down after 18 years

Adobe CEO Shantanu Narayen plans to step down after 18 years

https://www.engadget.com/big-tech/adobe-ceo-shantanu-narayen-plans-to-step-down-after-18-years-212705623.html

Publish Date: 2026-03-12 17:27:00

Source Domain: www.engadget.com

  • Adobe’s long-time CEO, Shantanu Narayen, has announced his intention to step down after an 18-year tenure.
  • Under his leadership, Adobe transitioned to a software-as-a-service (SaaS) model, revolutionizing platforms like Creative Cloud.
  • Narayen will remain the chair of the board after stepping down as CEO, with the specific timeline for his departure contingent on the board’s selection of a successor.
  • Adobe’s employee base has expanded from around 3,000 to over 30,000, and the company’s revenue has surged from under $1 billion to more than $25 billion.
  • Narayen reflected on Adobe’s achievements, emphasizing innovation, future preparedness, and the importance of artificial intelligence in the evolving landscape of creativity.