Home / Business and Economy / WordPress CEO Survives Board Coup in Power Play
WordPress CEO Survives Board Coup in Power Play
28 Sep
Summary
- CEO Matt Mullenweg faced a board attempted ouster.
- Mullenweg quickly regained control, removing rivals.
- New board members and officers were appointed swiftly.
Automattic CEO Matt Mullenweg has consolidated power following an attempted "coup" by the company's board. The situation rapidly evolved, with Mullenweg reportedly regaining full control within about 33 hours of the board's initial move to place him on leave.
Mullenweg's swift counter-action involved removing rival administrators from the company's Slack instance and initiating a significant shake-up. This included the departure or resignation of other board members and key executives, such as the chief financial and legal officers. New board members and advisors with diverse backgrounds have since been appointed.
The events unfold amidst a backdrop of ongoing legal battles, notably a protracted trademark dispute between Automattic and hosting provider WP Engine. Mullenweg's leadership style has been described as determined, with his focus now on the company's future direction during a period of significant change.
