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Automattic CEO Matt Mullenweg Put on 'Leave of Absence'

404 Mediaby Samantha Cole ()2 min read
AI summary · glm-5.3-flashSummaries by Vani AI

Automattic's board placed CEO Matt Mullenweg on paid leave of absence, naming CFO Mark Davies interim CEO of the WordPress and Tumblr owner.

Automattic board members voted to put founder and CEO Matt Mullenweg on paid leave of absence, with CFO Mark Davies appointed interim CEO. Mullenweg claims the move was made 'behind his back' and that he was denied time to have the resolution reviewed by independent legal counsel. The company owns WordPress, Tumblr and Pocket Casts, and Mullenweg has been engaged in a divisive legal battle with WP Engine. Davies told employees nothing will change and that Mullenweg remains a board member.

Key facts
  • Board voted to place Mullenweg on paid leave; he says he voted against it
  • CFO Mark Davies appointed interim CEO; Mullenweg remains on the board
  • Automattic owns WordPress, Tumblr and Pocket Casts
  • Follows years of controversy including the WP Engine legal fight and buyout offers
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From the original article

2 min read at 404media.co

Mullenweg, co-founder of Wordpress, wrote in a company-wide Slack channel on Wednesday that board members "conspired" behind his back to vote to put him on leave.

404 Media

By Samantha Cole · 404media.co

Read the full article at 404 Media

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.