Automattic loses its interim CFO just weeks after boardroom shakeup
Automattic's interim chief financial officer Jeremy Klaperman has left the company less than a month after taking the role, TechCrunch has learned. Sources say his departure followed a demotion back to his previous position, marking another executive exit amid the organization's leadership turmoil.
Automattic's interim CFO, Jeremy Klaperman, has resigned after just a month in the position, according to TechCrunch. Klaperman took on the role following a boardroom shakeup at the WordPress.com parent company, which saw its entire board either depart or be removed. The company released a statement expressing gratitude for Klaperman's leadership and wishing him well in future endeavors.
Prior to becoming interim CFO, Klaperman had been overseeing Automattic's VIP Enterprise business unit, replacing the former CFO, Mark Davies. The previous CFO had been appointed as interim CFO after CEO Matt Mullenweg was placed on leave in September. Mullenweg swiftly returned to the CEO role within 33 hours of the board's decision, and the board was subsequently dissolved.
Additionally, Automattic's chief legal officer, Andy Missan, left the company along with Davies. Both executives had agreed to severance deals during Mullenweg's brief absence. Automattic's fresh board of directors was unveiled in late September and consists of Hugh Howey, a renowned science-fiction author, and two former co-founders of the defunct social app IRL, Henry Khachatryan and Krutal Desai, along with author Amy Chan.
It remains uncertain why Klaperman opted to leave Automattic, though sources suggested that his demotion back to his original role at VIP may have played a role. Automattic's spokesperson declined to elaborate on the reasons behind Klaperman's departure.
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