Automattic Board Places CEO Matt Mullenweg on Paid Leave Before Reinstatement

What happened
On September 9, 2026, the Automattic board voted to place CEO Matt Mullenweg on a paid leave of absence.
The Context
- Internal tensions: Mullenweg's leave followed reported disputes within the company, including disagreements over employee exit packages.
- Interim leadership: CFO Mark Davies stepped in as interim CEO, while Mullenweg retained his board seat, ensuring continuity in governance.
- Rapid resolution: Just 48 hours later, Mullenweg announced he had regained control, indicating a quick reconciliation within the board.
The Number
— Automattic's valuation reached this figure in 2021, highlighting the company's significant market presence and the stakes involved in leadership decisions.
Takeaway
Expect ongoing scrutiny of corporate governance practices in tech firms as leadership dynamics evolve.
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