Adobe’s CFO Departs While Company Also Searches for New CEO (3)

Adobe Inc. shares fell by the most in 15 months after the company said its chief financial officer would depart, leaving a leadership vacuum following Chief Executive Officer Shantanu Narayen announced his resignation earlier this year.

Chief Financial Officer Dan Durn is exiting his post Monday, Adobe said Thursday in a statement. Separately, chipmaker Marvell Technology Inc. announced that Durn would be joining its staff. Adobe said Steve Day, senior vice president of corporate finance, would serve as interim CFO until a successor is hired.

The CFO announcement overshadowed Adobe’s quarterly results and an outlook for the ...