🤖 Adobe Hands CEO Job to Anil Chakravarthy
Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated
What actually happened
Adobe appointed company insider Anil Chakravarthy as its new chief executive. He takes over from Shantanu Narayen, who led the company for eighteen years. Chakravarthy faces intensifying competition from artificial intelligence rivals. Adobe's shares have declined as investors worry about AI's business disruption. The company is embedding AI across its product lineup to counter these concerns.
Key points
- Adobe appointed company insider Anil Chakravarthy as its new chief executive.
- He takes over from Shantanu Narayen, who led the company for eighteen years.
- Chakravarthy faces intensifying competition from artificial intelligence rivals.
- Adobe's shares have declined as investors worry about AI's business disruption.
Summary based on data provided by The Economic Times. Full article available at the original publisher.
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- #adobe
- #hands