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Atlassian co-founder Scott Farquhar steps down as co-CEO

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Scott Farquhar, Co-Founder and co-CEO of Atlassian, a software company, has resigned from his role.

Scott Farquhar has stepped down as co-CEO of Atlassian after an incredible 23 years. His last working day as co-CEO will be Aug 31, 2024.

He has shared the following note with the Atlassian employees:

It’s with a full but heavy heart that I share with you all today my decision to step down as Atlassian’s co-CEO. At this important juncture in my personal and professional life, I hope you will let me indulge in some nostalgia and pride.

It’s been 23 years since Mike and I started Atlassian, fresh out of university. We got to work on the heels of the dot com bust and unbeknownst to us, we were kickstarting the Australian tech industry. We started what is now known as ‘Product Led Growth’ by selling business software online with no salespeople, and 23 years later, we continue to innovate by leading the world as the largest company committed to remote work with Team Anywhere.

And while there is never a perfect time to make this change, I take comfort in my decision knowing Atlassian is so well placed for the future. We have a world-class cloud platform and the best team we’ve ever had. Our new Point A products are gaining real traction, AI is providing new and exciting opportunities, and we have over 300,000 cloud customers consolidating around Atlassian.

There are very few companies in the world that can play (and win) in the huge markets we do, with the incredible opportunities at our feet. The future has never looked brighter.

Beyond the outward impact, it’s Atlassian’s soul that brings me the most joy. People say there’s something special about this place – something hard to put your finger on. Atlassians really, truly, deeply care about each other and for doing the right thing for one another, for our customers, and for the planet.

As for me, I’m looking forward to spending some time with my young family, improving the world via philanthropy with Skip Foundation and Pledge 1%, investing with Skip Capital, as well as mentoring other tech CEOs.

My last day as co-CEO will be Aug 31, 2024, and after that, I will remain a board member and a special advisor.

Finally, while there will be plenty of time for long thank yous and goodbyes over the next four months, I can’t let this opportunity go by without recognising and thanking my co-founder Mike. Mike, it’s hard to put into words the gratitude I feel, and my love for all we have created together. You really are George Bernard Shaw’s Unreasonable Man, and the world and I are better as a result.

– Scott

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Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.