Automattic has a new board after failed attempt to put CEO on leave
Automattic CEO Matt Mullenweg named a new board after directors failed to sideline him.
Automattic CEO Matt Mullenweg installed a new board weeks after prior directors voted to place him on leave and he retook control in about 33 hours, citing an 84 percent voting stake. New directors include Hugh Howey, Amy Chan, and former IRL co-founders Henry Khachatryan and Krutal Desai. Toni Schneider, Ann Dunwoody, and Sue Decker left the board, and the CFO and chief legal officer were removed. The dispute overlaps Automattic's ongoing trademark litigation with WP Engine.
- Directors voted to put Mullenweg on leave; he regained control in about 33 hours.
- He says he controls 84 percent of Automattic's voting power.
- New directors include Hugh Howey, Amy Chan, and two IRL co-founders.
- The CFO and chief legal officer were removed after his return.
- Vendors
- Automattic
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- AutomatticWP EngineBlueskySusman Godfrey
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- United States
From the original article
4 min read at techcrunch.com
Automattic CEO Matt Mullenweg has rebuilt the company’s board just weeks after its previous directors tried, and failed, to oust him. The board, which was announced to staff Friday, is an eclectic group that includes a best-selling science-fiction author and two co-founders of the now-defunct social app IRL, TechCrunch has learned, and Mullenweg has confirmed.
By ilamont · techcrunch.com
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