I guess when people vote the same way, it’s technically a conspiracy?
No, a conspiracy would require that they all got together in secret to plan to vote that way. Which is hardly necessary in a case like this.
Automattic's board forces CEO Matt Mullenweg into leave of absence
71–80 of 288 posts
Re: Automattic's board forces CEO Matt Mullenweg into leave of absence
#72I'm shocked. I always thought that Matt held the majority of the voting shares, and that the board of directors was mostly there as a rubber stamp.
Voting shares and board of directors are two different mechanisms. Just because he holds 80%+ of voting shares, doesn't mean he can control who runs the company. Shareholders can make up (elect/remove) directors on the board, the board decides who can run the company (or other officials). His vote against was likely true, but if the board is 4 seats and he only has one vote, that's 25%. A lot of this is pretty typica…
Regardless of who he puts on the board, directors have legal obligations to the SEC and all shareholders. If he wants that level of control he would need to take the company private, and various investor agreements probably prevent this.
Re: Automattic's board forces CEO Matt Mullenweg into leave of absence
#73Good, get him the fuck away from Wordpress. Though frankly, a better solution might be for businesses to ask themselves whether or not they need Wordpress anymore. In the mean time, if you're unable to derisk Mullenweg out of your business stack, this is a good first step.
The uptick in Webflow usage alone would suggest the damage has already been done.
Re: Automattic's board forces CEO Matt Mullenweg into leave of absence
#74Quick, somebody back up the WP Plugins repository.
Re: Automattic's board forces CEO Matt Mullenweg into leave of absence
#75I think it is easy to underestimate how big of a deal this is. Matt has a stranglehold on Automattic and Wordpress, it is not possible to remove his control over the ecosystem and he is volatile. Ousting him as CEO is almost certain to cause a major reaction from Matt, so, for Automattic to make this decision is a very big deal. The right decision for the long term but the hard decision. I expect we will see Matt try…
If he has 84% voting share, can't he just fire the board?
Firing the board is the least Matt-like option. He has absolute control and ownership over the WordPress project, I think it is more likely that he starts his own Automattic splinter company and removes Automattic from the WordPress project. I’d guess he is already filing incorporation docs for Antimatter Inc. or some other Matt themed name.
Re: Automattic's board forces CEO Matt Mullenweg into leave of absence
#76Earlier quoted context omitted.
In recent memory of companies I've worked for, even the absolute WORST executives haven't gotten fired. They always announce that "it's time for another adventure" or "I am taking a break". So I am not shocked they didn't fire him, although the board is now probably wishing they did.
Had a President make a big ordeal about leaving "for health reasons". His LinkedIn had him at a new company within a couple months doing the same thing. Had a CISO leave for "personal" reasons. Talked to him a couple years later and yeah, he was fired. Steal 20$ out of a cash register and make the local news. Waste a billion dollars at a corp and make insane decisions and ride out on a golden parachute. Its a fucked…
Ah, but they take the big risks, you see. Someone has to do it.
Re: Automattic's board forces CEO Matt Mullenweg into leave of absence
#77Earlier quoted context omitted.
In recent memory of companies I've worked for, even the absolute WORST executives haven't gotten fired. They always announce that "it's time for another adventure" or "I am taking a break". So I am not shocked they didn't fire him, although the board is now probably wishing they did.
Had a President make a big ordeal about leaving "for health reasons". His LinkedIn had him at a new company within a couple months doing the same thing. Had a CISO leave for "personal" reasons. Talked to him a couple years later and yeah, he was fired. Steal 20$ out of a cash register and make the local news. Waste a billion dollars at a corp and make insane decisions and ride out on a golden parachute. Its a fucked…
In fairness, I don't think stealing $20 makes the local news these days, unless you live in a town of 300 people. There's a lot of antisocial behavior that goes unreported.
But moreover: I guess there's a presumption, whether fair or not, that well-paid executives overseen by wealthy boards of directors are pre-vetted and act in good faith, whether or not those actions pan out and make money; versus robbery or violent crime that people recoil from, that assumption of good faith isn't there, because it's self-evident to ordinary people that there is no justification for such actions.
Re: Automattic's board forces CEO Matt Mullenweg into leave of absence
#78Unfortunately, this is for the best. WordPress powers a large percentage of the internet, and I'm not sure what's going on with Matt (who I've always liked) but something turned the past few years. He's been behind unforced error after unforced error as CEO, and I hope a break helps him gain some perspective (although I don't see him being brought back). WordPress has been his life for 23 years. Doing the same thing…
No reason given?
He got tired of WPEngine not contributing back to wordpress, so he made it his mission to try and get them to pitch in.
Re: Automattic's board forces CEO Matt Mullenweg into leave of absence
#79Unfortunately, this is for the best. WordPress powers a large percentage of the internet, and I'm not sure what's going on with Matt (who I've always liked) but something turned the past few years. He's been behind unforced error after unforced error as CEO, and I hope a break helps him gain some perspective (although I don't see him being brought back). WordPress has been his life for 23 years. Doing the same thing…
em-dash by Cloudflare looks interesting in terms of replacing Wordpress. by garnering enough of an ecosystem to cause a migration will be the bigger challenge. of course some people will say in the age of agents will people need to visit websites ;)
Am I looking at the right thing?
https://github.com/emdash-cms/emdash
> EmDash depends on Dynamic Workers to run secure sandboxed plugins. Dynamic Workers are currently only available on paid accounts. Upgrade your account (starting at $5/mo) or comment out the worker_loaders block of your wrangler.jsonc configuration file to disable plugins.
Seems like a pretty poor replacement for WordPress, which will run on pretty much whatever random system happens to be within eyesight.
Re: Automattic's board forces CEO Matt Mullenweg into leave of absence
#80Bypass paywall at either https://web.archive.org/web/20260909213058/https://www.404me... or https://archive.ph/7J5TB.
https://www.theverge.com/tech/993022/wordpress-automattic-ce... also has a writeup which takes some quotes from the article (and a statement by Automattic).