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The Economic Times
The Economic Times
Technology

HISTORICAL FACTS: Adobe cfo exit fans strategy worries despite outlook raise | History Defined

Adobe on Thursday announced the exit of CFO ​Dan Durn, adding to concerns ​about the Photoshop maker's strategy to navigate the crowded ​design industry, though the company raised its annual revenue and profit forecasts.

Durn's exit comes only three months after long-time CEO Shantanu Narayen decided to step down, leaving ‌the company's ⁠trajectory uncertain ⁠till a new successor is appointed. Adobe shares fell 5% in extended trading.

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