Home / Business and Economy / CEO Reinstated After Board 'Coup Attempt'
CEO Reinstated After Board 'Coup Attempt'
11 Sep
Summary
- Matt Mullenweg has been reinstated as CEO of Automattic.
- He was placed on a paid leave of absence by the board.
- Mullenweg cited a potential misunderstanding with the board.
Matt Mullenweg has regained control as CEO of Automattic, two days after a board decision led to his paid leave of absence. He initially informed staff that the board, with CFO Mark Davies, had voted to place him on leave, appointing Davies as interim CEO.
Mullenweg later communicated to staff that the board had reached an agreement and he was reinstated. He expressed a hope that recent events were a misunderstanding, given his respect for those involved. Davies' Slack account was deactivated, and Mullenweg reportedly removed Slack administrators.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
