{"id":651192,"date":"2026-03-12T21:48:13","date_gmt":"2026-03-12T21:48:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/651192\/"},"modified":"2026-03-12T21:48:13","modified_gmt":"2026-03-12T21:48:13","slug":"adobes-longtime-ceo-to-exit-role-amid-ai-disruption-shares-fall","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/651192\/","title":{"rendered":"Adobe&#8217;s longtime CEO to exit role amid AI disruption, shares fall"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">By Zaheer Kachwala<\/p>\n<p class=\"yf-1fy9kyt\">March 12 (Reuters) &#8211; Adobe&#8217;s longtime CEO Shantanu Narayen will leave his role once a successor is appointed, the \u200ccreative tooling company said on Thursday, sending its shares down \u200c6.5% in extended trading on renewed worries around its strategy as it grapples with \u200bAI disruption.<\/p>\n<p class=\"yf-1fy9kyt\">Narayen&#8217;s exit from the role comes after he served as the company&#8217;s head for 18 years, during which he helped the company&#8217;s flagship software such as Photoshop, Illustrator, Premiere Pro and InDesign become household \u200cproducts for creatives across \u2060the world.<\/p>\n<p class=\"yf-1fy9kyt\">Narayen will stay on as chair of the board to support the next CEO, the company said.<\/p>\n<p class=\"yf-1fy9kyt\">Adobe \u2060is grappling with a changing software landscape, where <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:artificial intelligence;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;artificial intelligence&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> is lowering the barrier to entry for design and its dominant position in the \u200bindustry is \u200bbeing threatened by newcomers embracing the \u200btechnology.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;Investors will likely focus on \u200cwhether incoming leadership maintains a balance between disciplined execution and aggressive AI investment, especially as competition in creative and enterprise AI intensifies,&#8221; said Emarketer analyst Grace Harmon.<\/p>\n<p class=\"yf-1fy9kyt\">Worries have also flared with the rise of new automated AI tools and agents that many fear would be \u200cable to disrupt traditional software subscription models \u200band give way to quicker and cheaper \u200bways of creating products.<\/p>\n<p class=\"yf-1fy9kyt\">Adobe&#8217;s \u200bshares have fallen around 22% so far this year \u200cafter declining over 21% in 2025, \u200breflecting investor apprehension \u200bover the firm&#8217;s AI strategy and outlook.<\/p>\n<p class=\"yf-1fy9kyt\">The company also announced quarterly financial results, forecasting second-quarter revenue of between $6.43 billion to $6.48 billion, \u200bcompared with estimates \u200cof $6.43 billion, according to data compiled by LSEG.<\/p>\n<p class=\"yf-1fy9kyt\">It reported first-quarter \u200brevenue of $6.40 billion, beating estimates of $6.28 billion.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Zaheer Kachwala \u200bin Bengaluru; Editing by Alan Barona)<\/p>\n","protected":false},"excerpt":{"rendered":"By Zaheer Kachwala March 12 (Reuters) &#8211; Adobe&#8217;s longtime CEO Shantanu Narayen will leave his role once a&hellip;\n","protected":false},"author":3,"featured_media":651193,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21],"tags":[4987,691,738,276466,158,67,132,68],"class_list":["post-651192","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-adobe","tag-ai","tag-artificial-intelligence","tag-shantanu-narayen","tag-technology","tag-united-states","tag-unitedstates","tag-us"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116218410156211791","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/651192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=651192"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/651192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/651193"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=651192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=651192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=651192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}