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Automattic CFO and Legal Chief Signed Each Other's Severance Deals While CEO Was on Leave
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According to a TechCrunch report, WordPress CFO Mark Davies and legal chief Andy Missan signed each other's severance agreements while CEO Matt Mullenweg was on leave. The agreements provide for a year of salary and additional equity vesting if their departures qualify for the benefits. The arrangement raises questions about corporate governance and oversight at the company during the CEO's absence.
Source report
According to a recent report, CFO Mark Davies and legal chief Andy Missan signed each other’s severance agreements while Matt Mullenweg was on leave. The agreements provide for a year of salary and additional equity vesting if their departures qualify for the benefits.
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Automattic board removed after placing CEO Matt Mullenweg on involuntary leave