Adobe CEO Shantanu Narayen says he will step down as CEO after successor has been named

Adobe's CEO Shantanu Narayen has announced his intent to step down after a successor is named, stirring investor speculation about the company's leadership transition. Narayen has led Adobe for over 20 years, and his departure could signal a significant change in corporate strategy and operations. Potential volatility is expected in Adobe's stock as investors assess the impact of this leadership change. The announcement also raises questions about the company’s future direction which could influence investor sentiment in the tech sector. Overall, the transition could lead to a period of uncertainty for Adobe before a new vision is established.