Adobe CEO appointment stokes investor focus shift talk
Morgan Stanley analysts said Adobe’s appointment of Anil Chakravarthy as next CEO could signal a shift in the company’s focus, amid worries Creative Cloud is exposed to AI displacement.
Adobe's appointment of Anil Chakravarthy as its next CEO may signal a shift in the company's focus, especially as investors worry that Creative Cloud is exposed to AI displacement, Morgan Stanley analysts write in a note.
The move "could signal that Adobe's center of gravity is shifting toward cust…