A kiss snatched a job worth crores! Astronomer CEO resigned, what was his salary?
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It is said that it takes years to reach the heights. But just a moment is enough to fall down. The story of Andy Byron, CEO of America’s famous tech company Astronomer, is something like this. The CEO sahab had a salary of crores, a high position, everything. But a ‘kiss’ at a Coldplay concert in Boston took away all that.
The video of Coldplay’s concert went viral
Actually, during the Coldplay concert, the camera stopped on a couple roaming in the crowd for a ‘kiss-cam’ moment. This was no ordinary couple. These were Andy Baron and his HR head Kristin Cabot. Both were in each other’s arms.
The video of this moment spread like fire on the internet. This moment started being discussed everywhere on Twitter, TikTok, Reddit. Trolls did not spare Andy, while some people expressed sympathy for his wife. When the matter escalated, the company sent Andy on leave.
Astronomer CEO Andy Byron resigns
But the matter did not stop here. Within a few hours, Astronomer also announced that Andy Baron is no longer the CEO of the company. The company wrote in its LinkedIn post, “Recent events have not been in line with our values. Andy has resigned from the post of CEO and the board has accepted it.”
Also had a stake in the company
Andy was not only the CEO. But he also held a 5% stake in the company. The value of Astronomer is currently estimated at around $ 1.3 billion. That is, Andy’s stake alone was around Rs 600 crore. Every year he used to earn a lot of money by combining equity, salary and bonus. Now the price of just one emotional moment became so heavy that he had to lose his chair and perhaps his family.
Who is running the company now?
At present, the company’s co-founder and Chief Product Officer Pete DeJoy has been made the interim CEO. Astronomer has claimed that this will not have any effect on the company’s service and client work. But it is clear that the image has definitely taken a hit.
