Tech CEO Steps Down Following Viral Coldplay Concert Incident

Andy Byron, CEO of Astronomer, has resigned after a video of him embracing a colleague at a Coldplay concert went viral. The company cited a breach of conduct standards and is now searching for a new leader.

In a surprising turn of events, Andy Byron, the chief executive of US tech company Astronomer, has announced his resignation following a viral incident at a recent Coldplay concert. Attendees captured a moment where Byron was seen hugging a female colleague, identified as Kristin Cabot, the firm’s chief people officer, on a large screen at the concert held in Foxborough, Massachusetts.

The situation escalated quickly as the couple, appearing to be caught off guard, ducked out of the camera's view shortly after their affectionate moment. The video of their embrace garnered millions of views online, leading to speculation regarding the nature of their relationship. Coldplay's lead singer, Chris Martin, even commented on the incident to the audience, humorously suggesting, "Either they’re having an affair, or they’re just very shy."

In a formal statement, Astronomer confirmed Byron's resignation, stating: “As previously communicated, Astronomer is dedicated to the values and culture that have guided us since our founding. Our leadership is expected to uphold a standard of conduct and accountability that recently was not observed.” Following the airing of the video, the company placed Byron on immediate leave and announced a launch of an internal investigation into the situation. Meanwhile, the company's chief product officer will assume the role of interim CEO as the board begins the search for a new leader.