New Delhi, Sept. 4 -- Software giant Adobe on Thursday (local time) announced the appointment of Anil Chakravarthy as its next president and chief executive officer (CEO), succeeding Shantanu Narayen, who announced earlier this year that he would step down from the position.

In a press release, the company said, "Adobe's Board of Directors today announced that Anil Chakravarthy, president of Adobe's Customer Experience Orchestration business and worldwide field operations, will become Adobe's next president and chief executive officer and join the Board of Directors effective December 1, 2026. Shantanu Narayen will transition to executive chair and work closely with Chakravarthy to ensure a smooth transition and support Adobe's ongoing t...