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Automattic names Jeremy Klaperman as interim CFO

Automattic has appointed Jeremy Klaperman as interim Chief Financial Officer following the departure of Mark Davies. The news was shared internally on Friday.

  • Jeremy Klaperman, CFO of Automattic's WordPress VIP Enterprise business unit, will act as interim CFO.
  • The appointment follows last week's attempted ouster of CEO Matt Mullenweg, which led to the departure of board members and executives including then-CFO Mark Davies.
  • Mullenweg said the board will still need to evaluate internal and external candidates before a final decision is made.

Automattic has named Jeremy Klaperman as its interim Chief Financial Officer. Klaperman is currently the CFO of the company's WordPress VIP Enterprise business unit, and the news was shared internally on Friday.

The appointment follows last week's attempted ouster of Automattic CEO Matt Mullenweg. The attempt ultimately resulted in the departure of the board members who voted him out and other executives, including then-CFO Mark Davies. Davies was briefly interim CEO before Mullenweg retook the position.

In a Slack post, Mullenweg said Klaperman had previously acted as Automattic CFO when Davies had been on sabbatical. He noted that the board — whose new members have yet to be announced — will still need to evaluate internal and external candidates for the position before a final decision is made.

Mullenweg also said in the post that a candidate to become the company's Chief Legal Officer had just verbally accepted the position, replacing Chief Legal Officer Andy Missan, who has also since left the company alongside Davies.

"I have 100% confidence in our cash and financial position," Mullenweg's post concluded, adding "There is still work to do, but everything is within our control and depends only on Automattic's ability to execute."

In subsequent updates, Mullenweg said to "stay tuned" for board announcements, and noted that special advisor and creator of Wolfram|Alpha, Stephen Wolfram, will continue in his position. The company's next board meeting is scheduled for September 23.

Why this matters: The interim appointment follows a period of leadership upheaval at Automattic, with the board yet to finalise a permanent CFO and announce new board members.

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