Adobe's longtime CEO to exit role amid AI disruption, shares fall

By Zaheer Kachwala March 12 (Reuters) - Adobe's longtime CEO Shantanu Narayen will leave his role once a successor is appointed, the design software maker said on Thursday, sending its ‌shares down over 7% in extended trading on renewed worries around its strategy as ‌it grapples with AI disruption. Narayen's exit from the role comes after he served as the head of Adobe for 18 ​years, during which he helped the company's flagship software such as Photoshop, Illustrator, Premiere Pro and InDesign become ...