DataRobot’s CFO, Three Other Senior Execs Depart Amid Fallout Over Share Sales

The chief financial officer and several other senior executives at artificial intelligence startup DataRobot have resigned as the company prepares a second round of layoffs this year, according to two people with knowledge of the situation. The changes, announced internally in a meeting, are the latest sign of an ongoing leadership shakeup following last month's resignation of CEO Dan Wright amid an internal outcry following a report in The Information about executives quietly selling shares last year when the 1,200-person company hit a peak valuation, these people said.

The departing executives include Chief Financial Officer Damon Fletcher and Chief Go-To-Market Officer Tom Levey, both of whom sold shares alongside Wright last year. The other two departing executives are Chief Product Officer Nenshad Bardoliwalla and Chief People Officer Elise Leung Cole, the people said.