Dropbox is set to undergo a leadership transition as CEO Andrew Houston plans to step down. Multiple outlets report that Ashraf Alkarmi, currently an executive within the company, will be named Houston’s successor. The change is described as occurring after a transition period, during which Houston will move into a new role rather than leave the company outright. Following the transition, Alkarmi is expected to become sole CEO. Houston is reported to take on the position of executive chairman, a role that keeps him involved at the leadership level while passing day-to-day executive responsibilities to Alkarmi. The reports align on the key elements of the succession plan: Houston’s departure from the CEO position, Alkarmi’s appointment as successor, and the timing through a planned handover period. Further details on the exact timeline and any additional responsibilities tied to the executive chairman role are not included in the provided excerpts.