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The Economic Times

Markets / The Economic Times

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US Stock Market: Adobe's longtime CEO to exit role amid AI disruption, shares fall

Adobe's long-serving CEO Shantanu Narayen will step down once a successor is appointed, a move that saw shares dip amid concerns about the company's AI strategy. Despite strong quarterly results and double-digit revenue growth, Adobe faces challenges from AI disruption and investor skepticism regarding monetization. Narayen will remain as board chair to support the transition.

13 Mar 2026 7:03 am