Saturday, 6 June, 2026
SaaSpocalypse Defiance: Adobe Hunts for a Tech Commander to Fight AI Foes
By TechShots Studio
Adobe has launched a global search for its next CEO following Shantanu Narayen's decision to step down. The creative giant has seen its stock plunge 59% from its 2024 peak due to a "SaaSpocalypse" triggered by AI-native competitors.While internal business heads David Wadhwani and Anil Chakravarthy are top contenders, Adobe has also tapped a search firm to recruit external candidates skilled in scaling and monetizing artificial intelligence.
Read full story at CIO ECONOMIC TIMES