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Adobe CEO Shantanu Narayen is stepping down after 18 years.
Narayen told investors today that AI-first products “should be our next billion-dollar business,” and that he will leave the role he’s held since 2007 once the board names a successor. He’s overseen its Creative Cloud rollout, big bets on the future of AI, and its abandoned $20 billion attempt to acquire Figma.
Narayen:
The next era of creativity is being written right now — shaped by AI, by new workflows and by entirely new forms of expression. Adobe has never waited for the future to arrive. We’ve anticipated it. We’ve built it. And we’ve led it.
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