Adobe CEO Shantanu Narayen appearas at a Diwali celebration in the White House in Washington on Oct. 21, 2025.Allison Robbert | Bloomberg | Getty ImagesAdobe said CEO Shantanu Narayen will step down after a successor has been appointed, and he will remain as the design software company's chair. Shares tumbled 7% in extended trading. Narayen joined Adobe in 1988 as a vice president and general manager, and he became CEO in 2007. Under Narayen, Adobe pushed from software licenses to subscriptions ...