Adobe Has Handed Over the CEO Job Once in 19 Years. Here's What the Stock Did After the Last Time.
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4 Articles
Adobe Has Handed Over the CEO Job Once in 19 Years. Here's What the Stock Did After the Last Time.
Key PointsAnil Chakravarthy becomes CEO on Dec. 1, exactly 19 years after Shantanu Narayen took the job.Shares lost about half their value in the 12 months following the 2007 handover.This time the outgoing CEO isn't leaving -- Narayen becomes executive chair the same day.10 stocks we like better than Adobe › Adobe (NASDAQ:ADBE) has picked its next CEO. The company said on Sept. 3 that Anil Chakravarthy, the insider who runs its customer experie…
Adobe is about to begin a new chapter after the end of an 18-year-old management era, with artificial intelligence (AI) adding an urgent character to an already important transition within the software giant. Shantanu Narayen is expected to leave his post as President and CEO (PDG) of Adobe on December 1st, when Anil Chakravarthy will take over. This transition comes at a turning point for the company, whose products have long been in use.
Adobe Has Handed Over the CEO Job Once in 19 Years. Here's What the Stock Did After the Last Time
Adobe (NASDAQ:ADBE) has picked its next CEO. The company said on Sept. 3 that Anil Chakravarthy, the insider who runs its customer experience orchestration business, will become president and CEO on Dec. 1. Shantanu Narayen, who has run Adobe since 2007, will move to executive chair the same day.…
Adobe has announced one of the biggest changes in leadership in its history: Anil Chakravarthy will take over the position of President and CEO of Shantanu Narayen, who has led the company for more than 18 years on December 1. Tags: #Adobe #Artificial Intelligence
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