Microsoft subsidiary GitHub revealed the resignation of Nat Friedman as CEO. GitHub provides software for storing source code.
Thomas Dohmke, GitHub’s product chief will be the new CEO.
GitHub’s competitor GitLab went public on the Nasdaq. GitLab was worth $16.5 billion, more than two times what Microsoft paid for GitHub in 2018.
“As Chief Product Officer, I’m proud of the work our teams have done to bring new capabilities to GitHub Codespaces, Issues, Copilot, and many of the 20,000 improvements that we shipped last year,” Dohmke wrote in a blog post. “Together, we’ve built a roadmap that will transform the developer experience for open source maintainers and enterprises using GitHub for years to come.”
Friedman is “excited to go back to my startup roots to support and invest in the builders who are creating the world of tomorrow,” he wrote in a tweet.
Microsoft does not disclose GitHub revenue. GitHub says over 73 million developers are using GitHub today, up from 28 million when Microsoft announced its plan to buy GitHub.
GitLab estimates that it has 30 million registered users. GitLab said revenue grew 69 percent year over year in the quarter that ended July 31.