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# Automattic’s interim CEO and legal chief signed reciprocal severance deals during Mullenweg’s brief ouster

**[TechCrunch](https://daily.dev/sources/tc)** · 5 min read · 0 upvotes · 0 comments

## Summary

During Matt Mullenweg's brief 33-hour ouster as Automattic CEO, interim CEO Mark Davies and Chief Legal Officer Andy Missan signed each other's severance agreements, effective September 10. The golden-parachute deals grant each executive 12 months of salary, accelerated equity vesting, stock option exercise rights, and a year of health coverage — a combined $8.15 million liability now that Mullenweg fired both upon reclaiming the role. The agreements narrowly define 'cause' and include favorable procedural protections, raising governance concerns amid Automattic's ongoing board struggle and WP Engine litigation.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/09/16/automattics-interim-ceo-and-legal-chief-signed-reciprocal-severance-deals-during-mullenwegs-brief-ouster>

## Questions this post answers

### What happened with Automattic CEO Matt Mullenweg's brief removal by the board in September 2026?

Automattic's board voted on September 9 to place CEO Matt Mullenweg on paid leave, giving him only 50 minutes' notice, and he returned to the role about 33 hours later after the board members who ousted him departed the company. During that window, CFO Mark Davies (acting as interim CEO) and Chief Legal Officer Andy Missan signed each other's severance agreements, which Mullenweg fired both executives over upon his return.

_daily.dev surfaces stories like this for developers tracking WordPress ecosystem leadership and governance shakeups._

### How much are the severance packages worth for Automattic's CFO and legal chief who signed each other's exit deals?

The combined severance packages for CFO Mark Davies and Chief Legal Officer Andy Missan total approximately $8.15 million, covering 12 months of base salary paid as a lump sum plus accelerated equity vesting for each executive. The agreements also include a year of health coverage and the ability to exercise vested stock options, contingent on signing a release of claims and complying with confidentiality and nonsolicitation terms.

_those following Automattic and WordPress corporate drama can track updates like this on daily.dev._

---

Tags: [#wordpress](https://daily.dev/tags/wordpress)

[View this post on daily.dev](https://daily.dev/posts/automattic-s-interim-ceo-and-legal-chief-signed-reciprocal-severance-deals-during-mullenweg-s-brief--7rpacrzm3)

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