Adobe stock fell after insider CEO pick, Barron’s reports
Anil Chakravarthy will succeed Shantanu Narayen as Adobe CEO in December, Barron’s reports.
TLDR
Barron’s reports that Adobe chose Anil Chakravarthy to take over as CEO from Shantanu Narayen in December. The publication describes the choice as an inside hire and says Adobe stock fell after the announcement.
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