Cryptocurrency markets cash in as Astronomer CEO resigns
Andy Byron has resigned as CEO of Astronomer following a wave of speculation fueled by a viral video from a Coldplay concert, with the move triggering a wave of profits for cryptocurrency traders. The clip, which showed Byron in a compromising moment with Chief People Officer Kristin Cabot on the event’s “kiss cam,” quickly sparked backlash online. Byron, who became CEO of the New York-based company in July 2023, officially stepped down on Saturday, July 18. Notably, Astronomer confirmed his resignation via a post on X, naming cofounder Pete DeJoy as interim CEO. “Andy Byron has tendered his resignation, and the Board of Directors has accepted. The Board will begin a search for our next Chief Executive as Cofounder and Chief Product Officer Pete DeJoy continues to serve as interim CEO,” the company said. It is worth noting that the firm had placed him on leave a day earlier and launched a formal investigation. Crypto m...