Blog Details

That got here after the firm announced launched a formal investigation and talked about he had been placed on leave.

“Andy Byron has tendered his resignation, and the Board of Directors has current,” the firm talked about in a assertion. “The Board will launch up a look for our subsequent Chief Executive as Cofounder and Chief Product Officer Pete DeJoy continues to support as meantime CEO.”

Astronomer is a non-public files infrastructure and operations firm that performed unicorn repute in 2022 with a $1 billion or more valuation.

The once-obscure firm these days moved its headquarters to Fresh York City, and secured $93 million in sequence D funding in a spherical led by Bain Capital Ventures and Salesforce Ventures. 

“Earlier than this week, we had been normally called a pioneer in the DataOps house, serving to files groups energy all the things from contemporary analytics to manufacturing AI,” Astronomer talked about Saturday. “While consciousness of our firm might possibly possibly well have modified in a single day, our product and our work for our potentialities have no longer. We’re persevering with to originate what we originate finest: serving to our potentialities with their hardest files and AI complications.”

On Friday, the board talked about it can maybe well dig into the behavior of Byron and chief folks officer Kristin Cabot and will indicate additional details quickly, the firm posted in a assertion on LinkedIn and X.

At the time, the board placed Byron on leave, a spokesperson informed Fortune, with DeJoy serving as meantime CEO in the meantime.

“Astronomer is dedicated to the values and custom that have guided us since our founding. Our leaders are anticipated to field the long-established in both behavior and accountability,” the firm’s announcement learn. “The Board of Directors has initiated a formal investigation into this topic and we are able to have additional details to part very almost today.”

The response became posted to both platforms on Friday. It received bigger than 700 reactions on LinkedIn virtually straight. Astronomer clarified in its submit that an employee speculated to have also been on the Boston Coldplay concert with Byron and Cabot became no longer on the match. The firm in an identical model refuted any alleged statements circulated on-line talked about to had been made by Byron or Astronomer as wrong. 

Byron and Cabot’s concert hug rose to net reputation and sparked frequent affair allegations on Thursday after a clip, posted on TikTok, confirmed the CEO retaining his subordinate in his fingers on the Gillette Stadium display. Byron is seen in the video clutching Cabot from in the relieve of as the pair smiles and sways in the gang. Coldplay frontman Chris Martin might possibly possibly well even be heard announcing “Oh witness at these two,” as they appear on the jumbotron, ideal for Cabot to immediate quilt her face and flip away whereas Byron geese to manual clear of the cameras. 

Martin answered to their habits, “Either they’re having an affair or they’re very anxious” as the gang cheered. The band performed on the Boston venue on Tuesday and Wednesday night.

After the video went viral, it became revealed that Byron is legally married to Megan Kerrigan Byron. He and Kerrigan appear to have two sons. As for Cabot, public records imply she has been married no longer less than once. Her contemporary marital repute, alternatively, might possibly possibly well no longer be confirmed. 

At many public and non-public companies, relationships between a CEO and one other employee are prohibited as a consequence of they might possibly even be viewed as coercive by their very nature. They might possibly possibly disrupt morale and lead to allegations of unfair medication. 

Byron grew to alter into CEO of Astonomer in 2023, whereas Cabot, essentially based totally on her now-defunct LinkedIn, joined Astronomer in November 2024.