Adobe CEO Shantanu Narayen to Step Down After 18 Years Will Remain Board Chair

In a statement on Thursday, Adobe said its long-time chief executive officer (CEO), Shantanu Narayen, will resign when he is appointed as the next “man”. Following the transition of leadership to Chair of the Board, Narayen, who has been in charge for 18 years, will remain as Chair-of-the- Board. According to the multinational computer software company, this move is part of the succession planning process as it prepares for its next phase of growth – which integrates artificial intelligence (AI)-based features in its software suite.

Shantanu Narayen to Step Down as Adobe Faces Competition From AI Firms

Adobe’s Board of Directors has appointed Frank Calderoni, the company’S Lead Independent Director, as Chair of a special committee that will oversee the search for Narayen’s successor. A blog post reveals the company said it will also consider internal candidates when selecting for the committee.

During the last 20 years, Calderoni recognized Narayen’s tenure as well as his contributions to this company’s transformation. He said in a statement “I want to honor Shantanu’s work as CEO and architect of Adobe’S change over the last 18 years, and for positioning Adobe on success in the AI-driven age.

Narayen internal message employees to tell them that he had made his decision. In a statement to the board, the executive said that after over 18 years as CEO, he would “resign out of the CEO role,” adding that the company’s next earnings call will be his “100th earnings calling” as Adobe’S CEO. Paraphrasingr ’It is.

In the coming months, he will closely work with Calderoni and Adobe’s Board to identify a successor and ensure that leadership transition is smooth. Narayen also said he will remain with the company as Chair of the Board, supporting the next CEO.

Sadly, Narayen was in 1998 as Senior Vice President of Worldwide Product Development for Adobe and joined the company. Afterward, he served as President and Chief Operating Officer from 2001 to 2025 before becoming CEO. he has also led large shifts in Adobe’s business model since then, such as the transition to subscription-based services and expansion into digital experience and creative software platforms.

It’s the best honor for my career to be a and I love Adobe, it is what I have loved most.’ Narayen said in reviving an interview with her on Monday after she was told by one of his colleagues at The TimesOnline that they were ‘innovating’ their job as well as being able to lead them through its own personal life. I am more confident than ever that Adobe’s best days are still to come,’ said . ” , ‘I’m sure it is worth reading.