♦ Shantanu Narayen has decided to step down as the CEO of Adobe after 18 years in the role, marking the end of one of the longest tenures by an Indian-origin leader at a global technology firm.

♦ Narayen will hold the position until his successor is appointed.

♦ He will continue as the chairman of the board.

♦ Since becoming CEO in 2007, Narayen has led Adobe through major transformations.