After co-founding the software company more than two decades ago, Farquhar will step down to focus on family and philanthropy.
Atlassian co-founder Scott Farquhar will step down as co-CEO after 23 years, leaving Mike Cannon-Brookes to lead the Australian software giant, in a surprise move announced at the company’s third-quarter results.
“We have a strong leadership team, and great momentum around cloud, enterprise, and now, AI,” he said. The co-founders, who met at university, founded the business together in 2001. It’s now listed on the Nasdaq. “Atlassian would not be the company it is today without Scott. I am truly grateful to have had him by my side every day for the last 23 years.”Farquhar and Cannon-Brookes each have an estimated fortune of more than $15 billion, and have each held on to about 20 per cent of the company they started more than 20 years ago.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Scott Farquhar to step down as Atlassian co-CEOAfter co-founding the software company more than two decades ago, Farquhar will step down to focus on family and philanthropy.
Read more »
Scott Farquhar to step down as Atlassian co-CEOAfter co-founding the software company more than two decades ago, Farquhar will step down to focus on family and philanthropy.
Read more »
Atlassian’s Scott Farquhar to step down as co-CEO, Mike Cannon-Brookes to lead $79 billion software giantMike Cannon-Brookes will become the sole chief executive of the $79 billion Sydney software giant from August 31.
Read more »
RBA to lift cash rate to 5.1pc, says top forecasterFormer Channel 7 journalist named as co-conspirator; Atlassian’s Scott Farquhar steps down; BHP’s $60b bid for Anglo American. Follow updates here.
Read more »
Former NAB CEO Andrew Thorburn appointed as CEO of HammondCareAndrew Thorburn, former CEO of NAB, has been announced as the new CEO of HammondCare, an explicitly-Christian aged care group. This appointment comes after Thorburn faced backlash for his affiliation with a socially traditional Christian church during his tenure at Essendon.
Read more »