Adobe CEO Shantanu Narayen to Step Down Amid AI Competition, Shares Dip
By: The Trek News Desk Adobe announced that its long-serving CEO, Shantanu Narayen, will step down once a successor is appointed. Following the announcement, the company’s shares fell more than 7% in after-hours trading, reflecting renewed investor concerns about Adobe’s strategy in the rapidly evolving AI landscape. Narayen has led Adobe for 18 years, guiding…