Sep. 4 at 6:54 AM
$ADBE I think from what was available internally its a good pick. He has the longest and most important CEO experience and sold his last company, Informatica, to Salesforce
$CRM . I like the fact thats an internal pick, an external one would have brought a lot of insecurities regarding of the future path of AI and especially capex.
I mean
$ADBE is not doing anything wrong with their current way, continuously beating expectations and raising guidance if they stick to it, its great. I just hope they are not losing David Wadhwani, who was initially my favorite but with less relevant CEO experience thus I can understand the pick/decision. I also think in the age of AI -> Images/Videos will be a commodity, what makes Adobe stand out is brand visibility + brand adjusted workflows + its proprietary data and this is what the new CEO brings. Shantanu Narayen staying as executive board member is gold worth too.