Web Summit, which organizes one of the world’s largest tech conferences every year, will appoint a new CEO as soon as possible, a spokesperson for the company said in an emailed statement
Paddy Cosgrave, CEO and founder of Web Summit, speaks at the Web Summit technology conference in Lisbon on Nov. 1, 2021.Web Summit Chief Executive and founder Paddy Cosgrave resigned on Saturday after comments he made on the Israel-Hamas conflict prompted some technology companies and investors to withdraw plans to attend its conference in Portugal next month.
“Unfortunately, my personal comments have become a distraction from the event, and our team, our sponsors, our startups and the people who attend,” Cosgrave said in a statement., adding that Web Summit 2023 in Lisbon will go ahead as planned. According to a Bloomberg report on Friday, Google and Meta Platforms Inc, as well as several other tech companies including Intel Corp and Siemens AG have decided not to participate in the event.Cosgrave drew criticism after a post on social media platform X on Oct. 13, referring to Israel’s response in Gaza following the Hamas attacks on Oct. 7.
“War crimes are war crimes even when committed by allies, and should be called out for what they are,” the post read. Days later on Tuesday, he apologized for his comments.
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