Adobe Inc. Appoints Anil Chakravarthy as CEO; Narayen to Become Executive Chair

What Happened

• Adobe Inc. announced on Sept. 2, 2026 (8-K filed Sept. 8, 2026) that the Board appointed Anil Chakravarthy, currently President, Customer Experience Orchestration Business, as the Company’s President and Chief Executive Officer, effective December 1, 2026.
• On the Effective Date, Shantanu Narayen will retire as Chief Executive Officer and assume the role of Executive Chair of the Board. The company furnished a press release about the appointments on Sept. 3, 2026 (Exhibit 99.1).

Key Details

• Board appointment announced: September 2, 2026; effective date: December 1, 2026.
• New CEO: Anil Chakravarthy (current President, Customer Experience Orchestration Business).
• Outgoing CEO: Shantanu Narayen will transition to Executive Chair on Dec. 1, 2026.
• The filing states there are no family relationships or reportable related-party transactions involving either executive; biographies are incorporated by reference from Adobe’s 2026 proxy statement.

Why It Matters

• This is a named CEO succession announced by the Board, a material leadership change that investors monitor for potential impacts on strategy, execution and investor communication.
• The filing signals an orderly, board-sanctioned transition with the current CEO moving to Executive Chair, which indicates continuity in leadership and governance. The press release and additional biographical detail (from the proxy) provide further context for shareholders.