Big Board Alerts

November 1, 2023
New Web Summit CEO restores confidence for coming event November 13

The technology conference Web Summit has named Katherine Maher, the former executive of the Wikimedia Foundation, as its new CEO. She will take over from the event’s co-founder, Paddy Cosgrave, who stepped down on October 21 amid the uproar over his social media remarks on the Israel-Hamas conflict. Consequently, several investors and businesses withdrew their involvement from Europe’s largest tech event — set to commence on November 13 in Lisbon. Maher brings her extensive experience in technology and management to help restore confidence in the conference as it navigates the repercussions of Cosgrave’s departure. Web Summit organizers are hopeful that her leadership will strengthen partnerships and ensure a successful event while addressing the concerns of investors and businesses that have withdrawn due to the controversy.

We’re looking forward to Maher’s technology, management, and collaborative style

Web Summit has gone through considerable upheaval in the lead-up to the conference due to Cosgrave’s contentious online statements. Despite the controversy surrounding Cosgrave’s comments, attendees can still expect a diverse and engaging lineup of speakers and topics. Organizers have assured that the event will remain a valuable platform for networking, knowledge-sharing, and global collaboration. The negative response and subsequent pullout of key attendees put the event’s standing at risk. As a result, the organizers were forced to re-evaluate their plans and consider alternative strategies to salvage the event. Collaborative efforts were made to address the concerns and regain the support of the attendees to maintain the event’s position in the industry.

Maher’s extensive experience in technology and management, her ability to foster collaborative partnerships, and her proven track record of leadership are expected to provide a strong foundation for the conference as it continues to establish itself as a pivotal event within the tech sector. Stakeholders eagerly await the positive impact that Maher’s guidance will undoubtedly bring to the organization as it works to overcome the recent controversy, restore confidence in its brand, and uphold its commitment to fostering innovation and collaboration on a global scale.

Under Maher’s stewardship, Web Summit is expected to become an even more inclusive and valuable platform for discussing and addressing some of the most pressing challenges facing the technology sector and the world.

Featured Image Credit: from Web Summit Page; Thank you!

The post New Web Summit CEO restores confidence for coming event November 13 appeared first on ReadWrite.


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