WSJ Tech News Briefing · Friday, September 4, 2026
Adobe's stock fell more than 5% following the announcement that Anil Chakravarthy will become the new CEO starting in December. Chakravarthy, who previously led Adobe's customer experience division, was instrumental in developing the generative AI platform Gen Studio and Adobe CX Enterprise. This transition follows the March announcement of the previous CEO's planned departure after nearly two decades.
“Adobe's stock is down over 5% this afternoon after the software giant named a new CEO yesterday.”
“Anil Chakravarthy will take the reins starting in December.”
“Chakravarthy have led Adobe's customer experience arm, and he led development of the generative AI platform Gen Studio, as well as Adobe CX Enterprise, which uses AI agents to run marketing campaigns.”