Bulletins

HashiCorp co-founder Mitchell Hashimoto steps back from executive team

Hashimoto will remain with the company as an individual contributor, but is stepping away from the executive team and the board of directors to focus on engineering.

HashiCorp co-founder Mitchell Hashimoto​

HashiCorp co-founder Mitchell Hashimoto

HashiCorp

Mitchell Hashimoto, who co-founded cloud infrastructure startup HashiCorp and helped build it into one of the most valuable private startups in enterprise tech, announced Thursday that he will step down as co-chief technology officer but remain an individual contributor with the company.

"This change has been years in planning and is now possible thanks to HashiCorp's maturity and the excellent leadership team we now have in place," Hashimoto wrote in a blog post. Along with co-founder and co-CTO Armon Dadgar, Hashimoto built HashiCorp into a popular provider of infrastructure tools that help businesses get their applications up and running on cloud services.

The company is privately valued at about $5 billion and is widely expected to file for an IPO in the near future. Dadgar will remain as CTO alongside CEO Dave McJannet, who joined the company in 2016 and took over the CEO role from Hashimoto.

Tom Krazit

Tom Krazit ( @tomkrazit) is Protocol's enterprise editor, covering cloud computing and enterprise technology out of the Pacific Northwest. He has written and edited stories about the technology industry for almost two decades for publications such as IDG, CNET, paidContent, and GeekWire, and served as executive editor of Gigaom and Structure.

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