Coldplay concert cost CEO dearly! Investigation launched, CEO dismissed

At a Coldplay concert in Boston, Andy Byron, the married CEO of software company Astronomer, was caught hugging the company's Human Resources Manager, Kristin Cabot.

According to t24, the company released a statement more than 24 hours later regarding the incident. The company, in a statement to X, maintained that it has been "committed to the values and culture that have guided it since its founding," saying, "Our leaders are expected to set standards for both conduct and accountability. The Board of Directors has launched a formal investigation into this matter, and we will share additional details very shortly."

DISMISSED

The company confirmed in a post on X that CEO Andy Byron has been placed on leave. Co-founder and Chief Product Officer Pete DeJoy has been appointed interim CEO in his place.

A video of the couple swaying to the music and then quickly trying to hide went viral after Wednesday night's concert. Coldplay frontman Chris Martin told the crowd: "They're either in a relationship or they're just really shy."

The video was shared on various platforms and became a laughing stock.

Source: News Center