Automattic Board Forces Out Founder Matt Mullenweg as CEO

Automattic's board voted to place founder Matt Mullenweg on involuntary paid leave and remove him as CEO, naming CFO Mark Davies interim chief. Reports say the WordPress parent's valuation has plummeted from $7.5 billion to about $1.2 billion.

2026-09-10 ~ 2026-09-11 · 3 related posts

1 near-duplicate retellings: brianmichel