Adobe appoints Anil Chakravarthy as its next chief executive officer, replacing Shantanu Narayen. The new leadership change is set to take effect on 1 December, with Narayen moving to executive chair. Multiple outlets describe the decision as part of Adobe’s transition planning and ongoing strategic direction as it faces evolving competition in software and technology markets.

Across coverage, Chakravarthy is characterized as a long-time Adobe executive who currently leads the company’s customer experience business. Several reports note his experience spanning enterprise software and related areas, including leadership roles and acquisitions such as Workfront and Semrush. Bloomberg and others also frame the appointment within the context of Adobe’s effort to maintain its position amid growing pressure from AI-focused competitors.

While most outlets focus on Chakravarthy’s internal track record, some add details about additional management movement. CNBC and MarketWatch report that Narayen announced his departure earlier, and MarketWatch points to the possibility of further leadership turnover given another top executive’s exit. The Times of India reports that David Wadhwani, a senior executive, is leaving Adobe to pursue new ventures.