Mullenweg Steps Aside at Automattic | Tech News

0:00On September 9th, so, word on the street is Matt Mullinweg, the head hauncho at Automatic. The company behind WordPress.com has been put on a paid. Leave of absence. He's claiming that the CFO, Mark Davies, teamed up with some board members to make this happen and he apparently voted against it. He's been running the show there since 2014. This whole situation is pretty wild, especially considering Mullinweg's been pretty vocal lately, even getting into a public spat with a major. WordPress host that's still tied up in legal battles. It's a big shake up for a company that's such a huge part of the web. The board, according to reports, decided it was time for him to step back from the CEO position. They've tapped Mark Davies, the CFO, to step in as interim CEO. Mullinweg will still be on the board though, so he's not completely out of the picture. They seem to have confidence in Davies, saying they've worked with him for a while, and believe he can keep things running smoothly while Mullinweg is. It's a significant move, and the company hasn't commented directly on the reports yet.

1:04This is definitely a developing story within the tech world, and it'll be interesting to see how automatic navigates this period with a new interim. Leader at the helm. From the industry, powered by AI, this is Tech News Today.