Tech CEOs used to fear their boards. No more
Automattic's board removed founder Matt Mullenweg on September 4 but reinstated him as CEO just 33 hours later. The reason for the removal was not disclosed; Mullenweg used system access to delete accounts of the acting CEO and other employees.
- Mullenweg removed as CEO on September 4, reinstated after 33 hours
- CFO Mark Davies appointed acting CEO
- Mullenweg deleted Davies' and other employees' accounts via system access
- Board did not explain removal or reinstatement
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