CEO of Cloud Storage Pioneer Dropbox to Step Down After 19 Years

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Drew Houston, Dropbox CEO, speaks onstage during the HumanX AI Conference 2025 at Fontainebleau Las Vegas on March 10, 2025. Big Event Media/Getty Images for HumanX ConferenceCloud storage pioneer Dropbox said on May 26 that its CEO and co-founder, Drew Houston, will step down after 19 years at the helm.The file-hosting service provider will promote its chief product officer, Ashraf Alkarmi, to co-CEO. Following a transition period, Alkarmi will become the sole chief executive.

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