ADBE slips after naming new CEO ahead of Q3 earnings
Adobe named Anil Chakravarthy, head of its Customer Experience Orchestration business, as next president and CEO, succeeding Shantanu Narayen as executive chair. The stock dipped over 1% overnight ahead of fiscal third-quarter earnings.
Adobe Inc. (ADBE) stock is drawing attention as the company named Anil Chakravarthy, head of its Customer Experience Orchestration business, as its next president and CEO.
He succeeds Shantanu Narayen, who will become executive chair.
The move comes just a week before Adobe's fiscal third-quarter…