- Astronomer CEO Andy Byron has resigned from the company amid an affair with his company’s chief people officer at a Coldplay concert.
- Byron was placed on leave on Friday.
Astronomer, the technology company that faced backlash after its CEO was allegedly caught in an affair at a Coldplay concert, said the CEO has resigned, the company announced Saturday.
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“Andy Byron has tendered his resignation, and the Board of Directors has accepted,” the company said in a
statement
. “The Board will begin a search for our next Chief Executive as Cofounder and Chief Product Officer Pete DeJoy continues to serve as interim CEO.”
Byron was
shown
on a big screen at a Coldplay concert on Wednesday with his arms around the company’s chief people officer, Kristin Cabot. Byron, who is married with children, immediately hid when the couple was shown on screen. Lead singer Chris Martin said, “Either they’re having an affair or they’re just very shy.”
A concert attendee’s video
of the affair went viral.
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In May, Astronomer
announced
a $93 million investment round led by Bain Ventures and other investors, including
Salesforce
Ventures.
Byron’s resignation comes after Astronomer
said
Friday that it had launched a “formal investigation” into the matter, and the CEO was placed on administrative leave.
“Before this week, we were known as a pioneer in the DataOps space, helping data teams power everything from modern analytics to production AI,” the company said in its Saturday statement. “Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met.”
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