Automattic CEO Matt Mullenweg Restored After Brief Board Removal

Automattic has announced that Matt Mullenweg resumes his dual role as chairman and Automattic CEO just three days after the board placed him on paid leave.

Automattic CEO reinstated amid board turmoil

The reversal was confirmed to TechCrunch reporter Sarah Perez at 5 p.m. ET Saturday, according to a company spokesperson. The board’s abrupt move and swift correction raise questions about governance at the WordPress‑powered firm, analysts note. A brief statement from Automattic read,

“Matt continues to lead the company with the same vision that has driven our growth.”

The episode unfolded in a span of ↓ 3 days, underscoring internal volatility. Industry observers, citing Reuters, point to Mullenweg’s track record of steering the company through multiple funding rounds and product launches. While the board installed an interim leader, the decision to reinstate Mullenweg suggests confidence in his strategic direction. The incident may prompt investors to scrutinize the company’s leadership structure, especially as Automattic prepares for its upcoming public listing, a move projected to value the firm at over $10 billion according to Bloomberg.

Words by: Lyra Valance

Digital Assets & Web3 Insider