Re:Matt Mullenweg put on 'leave of absence'
by FreakLegion on Thursday September 10, 2026 @01:23AM
(#49638747)
> While he technically holds the votes required to disband the board
This is very unlikely. True Ventures almost certainly controls at least one seat. (Until Phil Black left last year they actually held two seats, but that doesn't mean they had the right to. Either way, at the moment it's just Toni Schneider.)
While he technically holds the votes required to disband the board, executing that move would ignite a corporate civil war rather than a clean transition of power.