Adobe says its chief financial officer will depart, leaving the company without a veteran top finance leader. The news follows an earlier announcement by CEO Shantanu Narayen in March that he would step aside. Adobe also indicates it is looking for a new chief executive. In a conference call with analysts, Narayen comments on the company’s progress with AI-first products. He says sales from these products have exceeded $500 million. He also notes that in September, Adobe previously reported that the AI tools had generated more than $250 million in revenue, suggesting continued growth since that update. Across the reporting, the core developments focus on executive leadership changes—both the planned CFO departure and the company’s CEO search—along with updates on AI-first product performance and the revenue figures associated with that line of business.
Adobe CFO Departs as Company Searches for New CEO
Adobe says its chief financial officer will depart, leaving the company without a veteran top finance leader. The news follows an earlier announcement by CEO Shantanu Narayen in March that he would st...
- Adobe says its chief financial officer will depart.
- Adobe is searching for a new chief executive officer.
- CEO Shantanu Narayen previously said in March he would step aside.
- Adobe says sales from its AI-first products exceed $500 million.
- Adobe previously reported in September that AI tools generated more than $250 million in revenue.
Sales from AI-first products have exceeded $500 million, Narayen said Thursday on a conference call with analysts. In September, the company said those tools had generated more than $250 million in revenue.
2 months agoAdobe Inc. said its chief financial officer would depart, leaving the company without a top tier of veteran leadership after Chief Executive Officer Shantanu Narayen announced in March that he would step aside.
2 months ago
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