Adobe Board Initiates Search for Next CEO
San Jose, California — March 12, 2026 — Adobe announced that Shantanu Narayen, who has led the company as chief executive for 18 years, will transition out of the CEO role once a successor is named. Narayen will continue to serve as chair of the board during the transition period.
To manage the succession process, the board has formed a special committee led by Frank Calderoni, Adobe’s Lead Independent Director. The panel will evaluate both internal and external candidates to identify the right leader for Adobe’s next growth chapter in the AI-enhanced era. In commenting on the move, Calderoni thanked Narayen for his long-standing contributions and emphasized the board’s focus on a smooth transition and the selection of a leader who can sustain Adobe’s momentum.
Narayen has shared a note to employees regarding the announcement, which is available for staff to review.
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