Astronomer CEO Andy Byron resigns after viral Coldplay kiss-cam controversy

Astronomer CEO Andy Byron has resigned from the company amid an affair with his company's chief people officer at a Coldplay concert

Byron was placed on leave on Friday

Nevertheless, Simone Joyner | Getty Images Entertainment | Getty ImagesAstronomer, the nology company that faced backlash after its CEO was allegedly caught in an affair at a Coldplay concert, said the CEO has resigned, the company announced Saturday (remarkable data). "Andy Byron has tendered his resignation, and the Board of Directors has accepted," the company said in a statement. "The Board will begin a for our next Chief Executive as Cofounder and Chief duct Officer Pete DeJoy continues to serve as interim CEO. "Byron was shown on a big screen at a Coldplay concert on Wednesday with his arms around the company's chief people officer, Kristin Cabot, in light of current trends

Byron, who is married with children, immediately hid when the couple was shown on screen

Lead singer Chris Martin said, "Either they're having an affair or they're just very shy, in today's market environment. " A concert attendee's of the affair went viral

In May, Astronomer announced a $93 million investment round led by Bain Ventures and other investors, including Salesforce Ventures

Byron's resignation comes after Astronomer said Friday that it had launched a "formal investigation" into the matter, and the CEO was placed on administrative leave

At the same time, "Before this week, we were known as a pioneer in the DataOps space, helping data teams power everything from modern analytics to duction AI," the company said in its Saturday statement, in today's financial world. "Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met.