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Adobe Just Lost Its CFO — Should Investors Be Worried?

Adobe is suddenly facing a leadership question at the exact moment investors are already questioning its future in the age of artificial intelligence. The company’s stock fell sharply after CFO Dan Durn announced his departure for Marvell Technology, adding another layer of uncertainty after Adobe had already disclosed that long-time CEO Shantanu Narayen would step down once a successor is found. On paper, the business does not look broken. Adobe reported record quarterly revenue of $6.62 billion, up 13% year-over-year, and raised its fiscal 2026 outlook. Yet the stock remains under pressure, weighed down by fears that AI-native tools, freemium products, and cheaper creative platforms could reshape the software market. The result is a strange disconnect: Adobe is still growing, but Wall Street appears less confident about the story behind that growth.