AutomatticâÂÂs interim chief financial officer Jeremy Klaperman has left his position after less than a month, TechCrunch has learned. Klaperman had been elevated to the new job last month after the governance crisis at the WordPress.com parent company, which saw its entire board either quit or be fired.
The company confirmed the departure with the following statement, shared by AutomatticâÂÂs director of communications Megan Fox: âÂÂAutomattic will always be grateful for Jeremy KlapermanâÂÂs leadership. We wish him the best of luck on his next endeavor.âÂÂ
Before serving as the organizationâÂÂs interim finance chief, Klaperman had served as the CFO of AutomatticâÂÂs VIP Enterprise business unit.ÃÂ
He had replaced the former CFO Mark Davies, who had briefly become AutomatticâÂÂs CFO after the companyâÂÂs board members voted to put CEO Matt Mullenweg on leave in September. Within 33 hours of the boardâÂÂs decision, Mullenweg retook the CEO role, and the board was wiped clean.
AutomatticâÂÂs chief legal officer Andy Missan had also left the company alongside Davies. Both executives had signed reciprocal severance deals during MullenwegâÂÂs short leave of absence, TechCrunch previously reported. AutomatticâÂÂs new board of directors was announced in late September, and includesàbest-selling science-fiction author Hugh Howey; two co-founders of the now-defunct social app IRL, Henry Khachatryan and Krutal Desai; plus author Amy Chan.
ItâÂÂs unclear why Klaperman chose to leave Automattic, but sources told TechCrunch that the decision came after he was demoted back to his original role at VIP. (As an interim CFO, he could have been replaced by a permanent hire, but nothing on that front has yet to be announced.) AutomatticâÂÂs spokesperson did not comment on the reason for KlapermanâÂÂs departure.
When Mullenweg originally announced KlapermanâÂÂs new role as interim CFO on AutomatticâÂÂs Slack, Mullenweg reiterated that he had âÂÂ100% confidenceâ in the companyâÂÂs cash and financial position.
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