Abode names Anil Chakravarthy as CEO, replacing Shantanu Narayen

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Abode has named Anil Chakravarthy as CEO, succeeding Shantanu Narayen, who announced he would step down earlier this year.

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Adobe named Anil Chakravarthy as its next CEO, succeeding Shantanu Narayen, a personnel shift CNBC flagged on Thursday that matters more than most corporate reshufflings. A change at the top of a company built on recurring revenue is a timing device; it forces investors to re-evaluate strategy, capital allocation, and execution risk under fresh leadership. Watch for early signals on priority changes, because a new CEO can accelerate or unwind multi-year bets faster than quarterly numbers will show.