Adobe CFO exit fans strategy worries despite outlook raise

Adobe on Thursday announced the exit of CFO ​Dan Durn, adding to concerns ​about the Photoshop maker’s strategy to navigate the crowded ​design industry, though the company raised its annual revenue and profit forecasts.

Durn’s exit comes only three months after long-time CEO Shantanu Narayen decided to step down, leaving ‌the company’s ⁠trajectory uncertain ⁠till a new successor is appointed. Adobe shares fell 5% in extended trading.

Steve Day, ​senior vice president of corporate finance, will serve as interim CFO from June 15, ​the company said.