Latest news with #Astronomer
New York Post
18 minutes ago
- Business
- New York Post
Here's how much Andy Byron's divorce bill could be following Coldplay kiss cam debacle: expert
Andy Byron's wife could end up a very rich woman if she decides to dump the alleged two-timer. Thanks to Massachusetts's 50/50 marital laws, Megan Kerrigan — who shares two kids with the now disgraced AI firm exec — could take home half of her husband's millions, estimated to be anywhere from $20 million to $70 million. The Bay State mandates those married for more than seven years must split any assets they built together, said matrimony and family lawyer Nancy Chemtob, a partner at Chemtob Moss Forman & Beyda. 'It's obviously a long-term relationship,' she said of Byron and Kerrigan — who instantly switched to her maiden name on social media after word of her spouse's kiss-cam canoodling with his company's top human resources exec set the internet ablaze. 4 The moment the jig was up. Grace Springer via Storyful The state rules mean Byron, who resigned on Saturday from Astronomer, a firm he helped build, could have to shell out tens of millions to Kerrigan, Chemtob said. It's not clear when the former exec made his fortune, but the Economic Times estimated his net worth is estimated between $20 and $70 million. His alleged mistress, Kristin Cabot, might not have the same financial dilemma in the face of divorce, Chemtob noted, as she and her apparent husband, Privateer Rum owner Andrew Cabot, seem to have been together a relatively short time. The details can get much dicier if either couple had prenuptial or postnuptial agreements, Chemtob noted. 4 Megan Kerrigan Byron pictured with Byron and their kids. Megan Kerrigan/Facebook Some prenups include clauses for cheating, in which the guilty party would be ordered to pay their partner for their betrayal. While the Coldplay concert video could serve as evidence at trial, it's not necessary to dissolve the marriage in Massachusetts. Jackie Combs, a Los Angeles-based matrimony and family lawyer for the firm Blank Rome, told The Post courts are usually reluctant to enforce infidelity provisions. 4 Cabot is Astronomer's HR head. Maud Cabot/Facebook However, if there was any 'misappropriation' of marital funds to support an extramarital affair, it could influence the financial outcome of any potential divorces, Combs noted. The real losers in this situation are the couple's children, Chemtob said. 4 Byron (third from left) pictured with Cabot (far right) in an undated photograph. Bain Capital Ventures 'I think the worst thing in this case is the embarrassment factor for the kids,' she explained. 'The problem here is that now, the kids are embarrassed, the families are embarrassed, and there's going to be a lot of expenses with regard to therapy for the children, getting separate homes, things like that.' It was unclear where both marriages stood in the wake of the high-profile scandal.
LeMonde
18 minutes ago
- Entertainment
- LeMonde
Astronomer CEO resigns after controversy over video captured at Coldplay concert
A tech company CEO has resigned after controversy over a video captured on the big screen at a Coldplay concert last week. Andy Byron resigned from his job as CEO of Astronomer Inc., according to a statement posted on LinkedIn by the company on Saturday, July 19. "Astronomer is committed to the values and culture that have guided us since our founding. Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met," the company said in its post on LinkedIn. The move comes a day after the company said that Byron had been placed on leave and the board of directors had launched a formal investigation into the incident, which went viral. A short video clip from Coldplay's concert on Wednesday at Gillette Stadium in Foxborough, Massachusetts, showed a man and a woman cuddling and smiling, his arms wrapped around her, as she leaned back into him. When they saw themselves on the big screen, her jaw dropped, her hands flew to her face and she spun away from the camera. He ducked out of the frame, as did she. Lead singer Chris Martin had asked the cameras to scan the crowd for his "Jumbotron Song," when he sings a few lines about the people the camera lands on. "Either they're having an affair or they're just very shy," he joked about the embarassed couple. In the ensuing social media hysteria over the gaffe, internet sleuths identified the man as the chief executive officer of a US-based company, and the woman as its chief people officer. Pete DeJoy, Astronomer's cofounder and chief product officer, has been tapped as interim CEO while the company conducts a search for Byron's successor.
Newsweek
19 minutes ago
- Business
- Newsweek
Who Is Pete DeJoy? Astronomer's Interim CEO After Andy Byron Resigned
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. On Saturday Astronomer CEO Andy Byron announced his resignation from the company after he was filmed embracing a female colleague, then attempting to hide, on a kiss cam at a Coldplay concert in Boston, Massachusetts, on Wednesday. Prior to Byron's resignation he had been placed on leave with Pete DeJoy, Astronomer's co-founder and chief product officer, appointed as interim CEO. Newsweek contacted DeJoy for comment via LinkedIn direct message. The Context On Wednesday Bryron, who is married, was pictured in an embrace with Kristin Cabot, Astronomer's head of human resources, at the concert. Footage of the pair attempting to hide after noticing they were on the kiss cam went viral on social media with Coldplay frontman Chris Martin commenting: "Either they're having an affair, or they're just very shy." Following the incident Bryon's wife, Megan Kerrigan Byron, changed her last name on Facebook before deactivating her account. What To Know On Saturday Astronomer announced that "Cofounder and Chief Product Officer Pete DeJoy is currently serving as interim CEO" adding "we will share more details as appropriate in the coming days." According to his LinkedIn profile DeJoy has a bachelor's degree in chemistry and physics from Bowdoin College in Maine. Pete DeJoy has been announced as the new interim CEO of Astronomer following his former boss's kiss cam scandal. Pete DeJoy has been announced as the new interim CEO of Astronomer following his former boss's kiss cam scandal. Pete DeJoy/LinkedIn He co-founded data company Astronomer in 2017 becoming its vice-president for product in January 2023, then its chief product officer in February 2025. British newspaper The Sun reported DeJoy was "instrumental in expanding Astronomer's data orchestration platform" during his eight years with the company. On LinkedIn DeJoy said he "did whatever it took to bring the first incarnations of our commercial offerings to market and build our business." What People Are Saying In a statement provided to Newsweek on Saturday a Astronomer spokesperson said: "Astronomer is committed to the values and culture that have guided us since our founding. Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met." Earlier the company said: "Astronomer is committed to the values and culture that have guided us since our founding. Our leaders are expected to set the standard in both conduct and accountability. "The Board of Directors has initiated a formal investigation into this matter, and we will have additional details to share very shortly... Andy Byron has not put out any statement; reports saying otherwise are all incorrect." Ry Walker, CEO of AI company Tembo, said on X: "Great choice by @astronomerio in naming @petedejoy as interim CEO. He is an amazing co-founder and friend." What Happens Next It remains to be seen whether DeJoy will replace Byron as Astronomer's permanent CEO or if the company will select someone else.
South China Morning Post
19 minutes ago
- Entertainment
- South China Morning Post
US tech CEO in viral Coldplay concert video resigns
The CEO of an American tech company resigned Saturday after a video of him embracing an alleged colleague at a Coldplay concert went viral and fuelled relentless memes. 'Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met,' New York-based Astronomer said in a statement shared on LinkedIn. 'Andy Byron has tendered his resignation,' the firm said, after previously launching an investigation. During a Coldplay concert in Foxborough, Massachusetts on Wednesday, the jumbotron zoomed in on a man and a woman embracing in the stands. But the canoodling pair appeared shocked and horrified when they spotted themselves on the big screen, with the man ducking out of frame and the woman hiding her face. 'Uh-oh, what? Either they're having an affair or they're just very shy,' joked Coldplay frontman Chris Martin.
Yahoo
31 minutes ago
- Entertainment
- Yahoo
Phillie Phanatic hilariously recreates viral Coldplay kiss cam scandal
The Phillies delivered their take on the story that won't die. They recreated the viral Coldplay concert 'kiss cam' moment as part of Friday night's game against the Angels. During the middle of the contest, a segment dubbed the 'Coldplay Kiss Cam' rolled on Citizens Bank Park's outfield video board as the Coldplay song 'Clocks' played. The camera eventually panned to the Phillie Phanatic and a fellow mascot, dressed in a blonde wig. The mascots recreated the cringeworthy reactions immortalized in the viral video where Astronomer CEO Andy Byron and the head of human resources, Kristin Cabot, were spotlighted on the concert's kiss cam at a Coldplay show on July 16. They quickly hid their faces, trying to hide their apparent affair, sparked further when frontman Chris Martin joked, 'Either they're having an affair or just very shy.' Their viral exit prompted Astronomer to place both executives on leave and launch an internal investigation. 'Astronomer is committed to the values and culture that have guided us since our founding. Our leaders are expected to set the standard in both conduct and accountability,' the tech-and-data firm said in a statement. 'The Board of Directors has initiated a formal investigation into this matter and we will have additional details to share very shortly.' The game itself saw Philadelphia attempt to maintain momentum after the All-Star break, but ending up losing, 6-5, to the Angels. Philly dropped to 55-42 on the year, but maintained a 1/2 game lead on the Mets, who dropped a home contest to the Reds on Friday.
