SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Adobe names insider Anil Chakravarthy CEO, ending uncertainty

Adobe’s appointment of insider Anil Chakravarthy as chief executive lets the company move past a period of uncertainty, JPMorgan analysts write. Chakravarthy replaces Shantanu Narayen, who moves to executive chair.

ADBE

Adobe's long-awaited appointment of insider Anil Chakravarthy as chief executive allows the software group to move past a period of uncertainty, JPMorgan analysts write.

Chakravarthy will replace Shantanu Narayen, who moves to the role of executive chair. "We believe the announcement is a positive…