Adobe’s long-serving CEO Shantanu Narayen will step down once a successor is appointed, a move that saw shares dip amid concerns about the company’s AI strategy. Despite strong quarterly results and double-digit revenue growth, Adobe faces challenges from AI disruption and investor skepticism regarding monetization. Narayen will remain as board chair to support the transition.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets