Andy Byron, Astronomer CEO caught in Coldplay kiss cam scandal, resigns
In a statement released Saturday, Astronomer confirmed Byron's resignation: 'Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met. Andy Byron has tendered his resignation, and the Board of Directors has accepted.'Earlier in the week, the company said Byron had been placed on leave and an interim CEO was appointed. Astronomer also clarified that contrary to online claims, the woman in the video was not Vice President of Human Resources Alyssa Stoddard.The company stated it remains committed to its core values and has initiated an internal review of the incident.ANDY BYRON-KRISTIN CABOT SCANDALUS-based AI company Astronomer found itself at the centre of online attention after an incident involving its CEO, Andy Byron, went viral. During a Coldplay concert at Gillette Stadium in Foxborough, Massachusetts, Byron was caught on the kiss cam hugging the company's Chief People Officer, Kristin Cabot.The pair were shown on the stadium's big screen before quickly ducking out of view. The video quickly went viral and was watched millions of times on social media.Soon after, they were identified as Byron, who is married to marketing professional Megan Kerrigan, and Cabot, who is married to Andrew Cabot, the CEO of Privateer Rum. The video sparked widespread speculation and led to both executives being placed on administrative leave by the company pending an internal review.ALL ABOUT ANDY BYRON & KRISTIN CABOTAndy Byron had been leading Astronomer as CEO since July 2023. The New York-based software firm is known for its flagship platform, Astro, which helps businesses manage data workflows using Apache Airflow.Kristin Cabot joined Astronomer in November 2024 as Chief People Officer, overseeing the company's HR operations, including employee engagement, workplace culture, and career development.Despite the buzz surrounding their recent public appearance, neither Byron nor Cabot has made any public comment on the viral video.- EndsTrending Reel
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
9 minutes ago
- Mint
Who are Boston Brahmins? Kristin Cabot's powerful family ties resurface amid scandal at Coldplay concert
Amid a scandal that has everyone talking, Astronomer's HR chief Kristin Cabot, who was recently seen cuddling with now-ex CEO Andy Byron at a Coldplay concert, is now drawing attention not just for her workplace conduct but also for her elite family background. Kristin is married to Andrew Cabot, owner of Privateer Rum, and a descendant of the prestigious Cabot family, one of Boston's oldest and wealthiest lineages. The Cabots are part of the so-called Boston Brahmins, a term historically used to describe the city's most elite Anglo-American families. The phrase was coined by author Oliver Wendell Holmes in his 1861 novel Elsie Venner, likening Boston's elite to India's Brahmins, the highest priestly caste, to describe their social standing, exclusivity, and cultural influence. According to a PBS report, Boston Brahmins were descendants of early Puritan settlers who amassed their fortunes through trade and industry. Over time, they became synonymous with American aristocracy, known for their wealth, philanthropy, and rigid social circles, but also for resisting social integration and immigration. Their values were rooted in discipline, education, refinement, and civic duty, as documented by the New England Historical Society. Yet, they were also seen as aloof, with a strong sense of inherited privilege. The Cabots were among Boston's most influential families, with wealth tied to shipping, manufacturing, and regional enterprises. Their social status was so exclusive that even the powerful Kennedy family was once seen as outsiders. A popular Boston rhyme sums it up: 'And this is good old Boston, the home of the bean and the cod, Where the Lowells talk only to Cabots, and the Cabots talk only to God.' Kristin Cabot's link to this elite lineage has resurfaced in the wake of the Coldplay concert controversy, adding another layer of public fascination to the scandal that led to the resignation of Astronomer's CEO and an ongoing internal probe involving its HR head.
Mint
37 minutes ago
- Mint
Figma aims at $16.4 billion valuation ahead of IPO on NYSE
Figma is aiming for a fully-diluted valuation of up to $16.4 billion as it readies for an initial public offering (IPO) on the New York Stock Exchange, a move that could energize the currently recovering tech IPO market, according to a report by Reuters. The San Francisco-based design software company, together with some of its investors, plans to raise as much as $1.03 billion by offering nearly 37 million shares priced between $25 and $28 each, according to a statement released Monday. This IPO marks a key moment for Figma, coming more than a year after its $20 billion proposed acquisition by Adobe was blocked due to regulatory concerns in the UK and Europe. The broader market's recent rebound and successful IPOs like that of Circle have renewed optimism around tech listings. Figma's upcoming debut has already drawn attention, partly due to its pro-bitcoin stance and social media buzz. As of March 31, it had $70 million invested in Bitwise's bitcoin ETF and plans to invest an additional $30 million, its filing shows. The company will list under the ticker symbol "FIG", with Morgan Stanley, Goldman Sachs, Allen & Co., and J.P. Morgan managing the offering. Figma was last valued at $12.5 billion in a 2024 secondary share sale involving early investors and employees. Figma offers a collaborative design platform used to build websites, applications, and user interfaces, with clients including SAP, Workday, and ServiceNow. The company saw a 46% increase in revenue and a threefold jump in net income in Q1 2025. Venture capitalist Tomasz Tunguz praised Figma's product-led growth model, noting that its collaborative features promote viral user adoption and sales efficiency. CEO Dylan Field has also suggested the company is open to bold acquisitions that may seem unconventional at first glance. However, the IPO comes amid changing industry dynamics. While Figma is investing in AI, it acknowledges that AI-powered design tools could reduce customer dependence. The company also pointed to restrictive immigration policies as a hiring challenge and warned of potential global demand risks tied to tariffs and economic uncertainty. Corporate attorney Leslie Marlow noted that in this evolving environment, investors are prioritizing firms with strong financials and clear paths to profitability. (With inputs from Reuters) Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
39 minutes ago
- Time of India
Kristin Cabot and husband Andrew's massive mortgage for their lavish home
Astronomer HR chief Kristin Cabot, who is at the centre of the Coldplay kiss cam drama, took out a $1.6 million mortgage on a fixer-upper she purchased with her husband, according to The U.S. Sun. A social media storm was triggered after Cabot was caught cuddling with now-former Astronomer CEO Andy Byron. She is married to Andrew, a sixth-generation heir to the Privateer Rum fortune. The documents in possession of The US Sun revealed that the couple bought a $2.2 million home on the New Hampshire coast in March 2025. The Cabots took out a massive loan on the house with Morgan Stanley, and both of their names are on the paperwork for the mortgage. Explore courses from Top Institutes in Select a Course Category Finance healthcare Artificial Intelligence Others Data Science Operations Management Data Science Management PGDM Project Management Cybersecurity Data Analytics CXO Healthcare Product Management Digital Marketing MCA others Design Thinking Technology Degree Public Policy Leadership MBA Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Fintech & Blockchain India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta SEPO - IIMC CFO India Starts on undefined Get Details It is pertinent to mention that the couple is yet to be seen in public since the Coldplay kiss cam clip went viral, and there is no update on whether or not they have split. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo How mortgage makes things difficult in case of divorce If a couple is seeking a divorce, a mortgage could mess up things, as both parties will be responsible for payments, regardless of who lives in the house. The couple, if separated, may need to sell up or have one party refinance to take over the loan. According to research, a quitclaim deed can also transfer ownership, but it doesn't remove liability from the mortgage. Live Events Andrew and Kristin Cabot's lavish house The lavish four-bed, two-bath residence is being called a "classic New England gem" online, which is ready to be brought back to its former glory. It's unclear if the couple has started spending on renovations or hired anyone to make plans for the property yet. The home, which sits on 1.42 acres just two miles from the beach, was sold 'as is' since it 'needs rehab' and features fruit trees, berry bushes, and scenic pastoral views. The property also includes high ceilings, a wraparound enclosed porch, a walk-up attic, and a two-car garage. Andrew and Kristin Cabot's background and lineage Andrew's family lineage goes back ten generations in New England and includes privateers, industrial titans, and merchant traders who played an instrumental role in shaping the American aristocracy, according to reports. The Cabots are one of Boston's original "Brahmin" families. It is a blue-blooded elite so powerful that even the Kennedy clan was considered too new-money to join their ranks. The family made its fortune in "carbon black," soot used in car tyres, and held vast holdings in Cabot Corporation. Their empire has included chemicals, paint, gas, and rum, with Kristin once serving as an "advisory board member" for Privateer. They have not been seen since the scandal broke when a TikTok clip went viral of Kristin's boss wrapping his arms around her at the concert during a romantic moment on the big screen. This seems to be the second marriage for both. Kristin's previous divorce was finalized in 2022, according to the New York Post. Meanwhile , Byron, who has now resigned, and his wife, Megan, are also said to be in hiding, according to media reports.
