India, June 12 -- Shares of Adobe Inc. were losing around 4 percent in the pre-market activity on Nasdaq on Friday after the tech major announced that Dan Durn, its executive vice president and CFO, is departing on June 15 to join a new firm.
Meanwhile, the company reported higher second-quarter results, issued third -quarter outlook, and upgraded fiscal 2026 outlook for adjusted earnings and revenues reflecting strong AI-driven demand.
Regarding the management change, Adobe said Steve Day, SVP of Corporate Finance and CFO of its Customer Experience Orchestration Business Unit, will serve as interim Chief Financial Officer, effective June 15. Day, with 20 years of financial leadership experience at Adobe, will report directly to CEO and C...