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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 driving Automattic's growth and success.

The news has sent shares of Automattic soaring, with the company's stock price increasing by over 20% in the past 24 hours. Investors are breathing a sigh of relief, knowing that Mullenweg's leadership will continue to drive the company's innovative approach to software development. The move is also seen as a testament to Mullenweg's ability to navigate complex challenges and emerge stronger.

Automattic's rise to prominence is a testament to the company's commitment to open-source software and its dedication to empowering creators and small businesses. Founded in 2005, Automattic has grown from a small startup to a global leader in the software industry, with a valuation of over $12 billion. The company's success is a result of Mullenweg's vision and leadership, which has enabled the company to stay ahead of the curve and drive innovation.

News has sparked a wider debate about the role of leadership in tech companies, with many experts praising Mullenweg's ability to navigate the complexities of the industry. As the tech landscape continues to evolve, it will be interesting to see how Automattic adapts to the changing landscape and how Mullenweg's leadership will shape the company's future. With its strong track record and innovative approach, Automattic is well-positioned to continue its growth and success.