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ADOBE NAMES CHAKRAVARTHY CEO, NARAYEN MOVES TO CHAIR

Adobe announced Anil Chakravarthy as its next CEO effective December 1, replacing Shantanu Narayen, who transitions to executive chair. Chakravarthy currently leads Adobe's Customer Experience Orchestration division.

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Adobe names Customer Experience Orchestration president Anil Chakravarthy as CEO, effective December 1, replacing Shantanu Narayen, who becomes executive chair (Annie Palmer/CNBC)

Annie Palmer / CNBC: Adobe names Customer Experience Orchestration president Anil Chakravarthy as CEO, effective Decembe…

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