Automattic has a new board after failed attempt to put CEO on leave
After days of upheaval at Automattic, following a failed attempt to remove CEO Matt Mullenweg, the company has a new board.
After days of upheaval at Automattic, following a failed attempt to remove CEO Matt Mullenweg, the company has a new board.
Jeremy Klaperman, the CFO of the company’s WordPress VIP Enterprise business unit, will act as CFO for the time being.
CFO Mark Davies and legal chief Andy Missan signed each other’s severance agreements while Matt Mullenweg was on leave, providing a year of salary and additional equity vesting if their departures qualify for the benefits.
Automattic’s board is out, days after its members voted to put chief executive Matt Mullenweg on leave, sources tell TechCrunch.
Automattic says Mullenweg is back as “chairman and CEO of Automattic, with full support of the board.”
In a Slack message seen by TechCrunch, Matt Mullenweg told Automattic employees he’s back in control of the company, days after its board put him on leave. Automattic has not yet confirmed the apparent reversal.
Mullenweg said in a company Slack message that it was against his will.
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