Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 2, 2026, the Board of Directors (the “Board”) of Adobe Inc.…
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 2, 2026, the Board of Directors (the “Board”) of Adobe Inc. (the “Company”) appointed Anil Chakravarthy, the Company’s current President, Customer Experience Orchestration Business, as the Company’s President and Chief Executive Officer and a member of the Board, effective December 1, 2026 (the “Effective Date”). Upon the Effective Date, Shantanu Narayen, the Company’s current Chair and Chief Executive Officer, will retire as the Company’s Chief Executive Officer and assume the position of Executive Chair of the Board.
Mr. Chakravarthy’s and Mr. Narayen’s biographies appear in the Company’s 2026 proxy statement filed with the SEC on February 27, 2026, and are incorporated by reference herein.
The appointment of Mr. Chakravarthy and Mr. Narayen to their respective positions was not pursuant to any arrangement or understanding with respect to any other person. There are no family relationships between either Mr. Chakravarthy or Mr. Narayen and any director or executive officer of the Company, and there are no transactions involving either Mr. Chakravarthy or Mr. Narayen that are reportable under Item 404(a) of Regulation S-K. The Company intends to file an amendment to this filing containing the information called for by Item 5.02(c)(3) of Form 8-K within four business days after the information is determined or becomes available.
On September 2, 2026, David Wadhwani notified the Company of his decision to step down from his position as President, Creativity & Productivity Business, effective September 27, 2026. Mr. Wadhwani will remain with the Company as a senior advisor for a transition period.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On September 3, 2026, the Company issued a press release announcing the appointment of Mr. Chakravarthy as President and Chief Executive Officer of the Company and the retirement of Mr. Narayen as Chief Executive Officer and his appointment as Executive Chair of the Board. A copy of this press release is furnished with this Current Report as Exhibit 99.1 and incorporated into this Item 7.01 by reference.
The information in this Item 7.01 of this Current Report (including Exhibit 99.1) shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.