TechCrunch reports that Jeremy Klaperman left his role as Automattic’s interim chief financial officer less than a month after he was elevated to the job following the governance crisis at the WordPress.com parent company, in which the entire board either quit or was fired after it voted to put CEO Matt Mullenweg on leave and he retook the role within 33 hours. Klaperman had been CFO of Automattic’s VIP Enterprise unit and was meant to replace Mark Davies, who briefly held the CFO job before leaving along with chief legal officer Andy Missan; the new board announced in late September includes science-fiction author Hugh Howey, two co-founders of the defunct app IRL and author Amy Chan. A source told TechCrunch that Klaperman was upset the board was weighing external CFO candidates, that the board never legally approved his interim title, and that a disagreement with Mullenweg over a project tied to employee performance reviews led to his demotion back to VIP before he resigned, while the company said only that it is grateful for his leadership and is still searching for a permanent CFO.
Automattic's interim CFO resigns weeks after the boardroom shakeup
TechCrunch reports that Jeremy Klaperman left his role as Automattic's interim chief financial officer less than a month after he was elevated to the job following the governance crisis at the WordPress.com parent company, in which the entire board either quit or was fired after it voted to put CEO Matt Mullenweg on leave and he retook the role within 33 hours. Klaperman had been CFO of Automattic's VIP Enterprise unit and was meant to replace Mark Davies, who briefly held the CFO job before leaving along with chief legal officer Andy Missan; the new board announced in late September includes science-fiction author Hugh Howey, two co-founders of the defunct app IRL and author Amy Chan. A source told TechCrunch that Klaperman was upset the board was weighing external CFO candidates, that the board never legally approved his interim title, and that a disagreement with Mullenweg over a project tied to employee performance reviews led to his demotion back to VIP before he resigned, while the company said only that it is grateful for his leadership and is still searching for a permanent CFO.
Source: Techcrunch