Shantanu Narayen steps down as Adobe CEO: Here’s what Microsoft’s Satya Nadella had to say on his departure

There is a major reshuffle in leadership at Adobe Inc, as the software giant’s Indian-origin CEO Shantanu Narayen has stepped down from his role. The 62-year-old executive, who has been at the helm of Adobe since December 2007, will transition to Chair of the Board to oversee a seamless handover and support the company’s ongoing strategy in the AI era. Narayen’s departure marks one of the most successful CEO tenures in Silicon Valley. Under his leadership, Adobe changed its direction from boxed software to a subscription-based cloud ecosystem, with products like Creative Cloud, Document Cloud, and Experience Cloud driving consistent revenue growth and elevating the company’s market capitalisation significantly.