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Automattic CEO Matt Mullenweg placed on leave by board

Automattic's founder and CEO, Matt Mullenweg, told staff he was put on paid leave by a board vote, over his objections. Chief Financial Officer Mark Davies was named interim CEO. Mullenweg said he wasn't allowed time to consult independent counsel before the decision. He'll stay on the board, but will step back from running the company.

Why it mattersAutomattic runs major online platforms, so a leadership shakeup could affect millions. Founder exits are rarely simple—watch what happens next.

Sources covering this

404 MediaAutomattic CEO Matt Mullenweg Put on 'Leave of Absence'9:21 PMThe VergeHeadline onlyAutomattic CEO Matt Mullenweg reportedly placed on leave10:15 PMTechCrunchHeadline onlyAutomattic’s board forces CEO Matt Mullenweg into leave of absence11:14 PM
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