Austin McChord has resigned as CEO of Datto, the Norwalk cybersecurity and data backup company he founded in 2007, the firm announced.
McChord ”“ who will remain as a major shareholder and on Datto”™s board of directors ”“ will be replaced on an interim basis by Datto President and Chief Operating Officer Tim Weller while an executive search is implemented.
McChord”™s departure comes two weeks after his brother Ian, vice president of product management at Datto, resigned from the company, and almost exactly one year since the firm was acquired for $1.5 billion by Vista Private Equity and merged with professional services automation specialist Autotask.
Austin McChord called his departure a “natural evolution for the company and me,” noting that over 11 years Datto has grown into a team of 1,400 employees serving more than 14,000 managed service providers in 132 countries.
“Austin has built a truly special company that is poised for tremendous growth,” said Vista Operating Principal Nadeem Syed. “We look forward to working with him in his capacity as a board member and adviser as we move into this next phase.”
