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CLAIM #4311 · Adobe Systems Incorporated (ADBE) · 2026Q1 earnings call · Mar 12, 2026 · due Jun 30, 2026

So I would suspect it will take a few months.

Shantanu Narayen · CEO

PENDING
graded after results covering Jun 30, 2026 are reported

How to check this claim

Look at: Time elapsed from CEO's announcement of departure to Board's announcement of a successor CEO

It came true if: New CEO named within approximately 2-4 months of the 2026-03-12 announcement (i.e., by roughly 2026-07-12)

Where: Company press release / 8-K announcing new CEO selection

In context

is on people's minds, I just wanted to actually say that there never would have been a good time given how much Adobe is part of me. So I do want to start off with that. And in many ways, I've always believed that my role is looking around the corner, whether it's positioning the company for the future or about product and leadership. And as we've said many times, on product, I feel really good about how we've transformed our road map based on this AI and customer audiences, the new products are both exciting and groundbreaking. On leadership, we've always invested in developing a really deep bench of outstanding execs. But timing-wise, part of it is it was really important for me to be transparent about my decision and communicate and allow the Board to take ownership for the selection. So I would suspect it will take a few months. This is not because I have just notified them. So hopefully gives you that a little flavor for that. And I'll start on the other question, Alex, a little bit and then ask David and Dan, which is, the way you have to think about it is our traffic patterns in terms of creativity at adobe.com is only going up and to the right. We have 2 options in terms of how we guide that traffic. We can guide that to ARR that comes immediately or we can guide it to a long-term value and what drives greater long-term value in terms of getting the right product. And increasingly, we're ensuring that we transition. So top line traffic is good, and that's why when we say dampen, I like phase shift also a little bit because that sort of moves out. If you think about the fact that we reaffirmed our targets, I m

Verify independently

SEC filings for ADBE · Claim quote is verbatim from the 2026Q1 earnings call.