Adobe announced that CEO Shantanu Narayen will step down from his role once a successor is appointed. During his 18-year tenure, Narayen transitioned the firm from software licenses to a subscription-based model and oversaw a sixfold increase in the company's stock price. Adobe reports strong quarterly revenue of $6.40 billion and record growth in AI-first products.
Adobe CEO Shantanu Narayen steps down following the appointment of a successor
Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce.
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