Drew Houston will step down as Dropbox CEO; product chief Ashraf Alkarmi to take the helm
After 19 years building Dropbox from an MIT frustration to a public company, Houston will move to executive chairman as product chief Ashraf Alkarmi ascends.
By Ryan Merket · Published
Primary source: CNBC
Why it matters
One of YC's earliest breakout founders is handing day-to-day control to a product operator as AI reshapes SaaS. It is a test of whether an independent, workflow-first Dropbox can keep its edge against bundled suites.

Drew Houston will step down as CEO of Dropbox and transition to executive chairman after a period serving as co-CEO with product chief Ashraf Alkarmi, CNBC reported on Tuesday. Alkarmi is slated to ultimately become sole CEO.…