Automattic confirms Mullenweg has returned as CEO after attempted ouster by board

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Published: 2026-09-13 • Permanent link

Rumors of a power struggle within Automattic had been circulating for months, but the latest twist has sent shockwaves through the tech industry. Matt Mullenweg, the company's co-founder and CEO, has confirmed his return to the top spot after a failed attempt to oust him by the board. The move is seen as a significant victory for Mullenweg, who has been instrumental in shaping Automattic's vision and growth.

This development has significant implications for investors, who had been betting on Mullenweg's departure. The stock price of Automattic, which had been volatile in recent weeks, has surged by over 20% since the news broke. The company's valuation has also seen a significant increase, with some analysts predicting a potential IPO in the near future. As a result, investors are now eager to see how Mullenweg will steer the company forward.

The drama at Automattic serves as a reminder of the cutthroat nature of the tech industry. Founded in 2005, Automattic has grown into a global platform, powering some of the world's most popular blogs and websites. Mullenweg's leadership has been instrumental in this growth, and his return to the top spot is seen as a testament to his enduring influence. Industry experts note that Mullenweg's vision for Automattic is centered around empowering creators and providing them with the tools to succeed.

As Automattic looks to the future, there are several risks and opportunities that will need to be addressed. Mullenweg's return will likely lead to a renewed focus on innovation and growth, which could see the company expand its offerings and explore new markets. However, there are also concerns about the company's ability to manage its rapid growth, particularly in terms of talent acquisition and retention. With the tech landscape constantly evolving, Automattic will need to stay agile and adaptable to remain competitive.