Which Adobe CEO announced his exit last week, triggering a 7% stock drop?

• A. Sundar Pichai
• B. Shantanu Narayen
• C. Satya Nadella
• D. Tim Cook

Answer: (B)

The situation tests how investors react when a long-time CEO signals plans to leave. When a senior leader who has shaped a company’s strategy steps down, the market worries about who will lead the transition, how strategy might shift, and whether ongoing initiatives will continue as planned. That uncertainty often shows up as a stock drop.

Shantanu Narayen is the CEO of Adobe. He’s been at the helm since 2007 and guided Adobe through a major shift to cloud-based subscriptions and expansion of product lines. If he announced his exit last week, investors would react with concern about succession and continuity, which explains a 7% sell-off in Adobe’s stock.

The other names listed are leaders of other tech giants (the Google/Alphabet CEO, the Microsoft CEO, and the Apple CEO), not Adobe’s chief. Their roles don’t align with the question about Adobe, so the correct match here is Narayen.