CNN —Paddy Cosgrave, the chief executive of Web Summit, stepped down Saturday after several Big Tech companies withdrew from the company’s upcoming annual technology conference over his comments on the Israel-Hamas war. On Tuesday, Cosgrave posted a nearly 600-word statement on Web Summit’s blog to apologize and clarify his stance. A spokesperson for Web Summit told CNN that the company will appoint a new CEO as soon as possible. “Web Summit 2023 in Lisbon will go ahead as planned,” the spokesperson added. Cosgrave, 41, co-founded Web Summit in 2009 with David Kelly and Daire Hickey.

---

Persons: CNN — Paddy Cosgrave, ” Cosgrave, “, ”, Cosgrave, unreservedly, David Kelly, Daire Hickey Organizations: CNN, Web, Big Tech, Ministry of Health, Amnesty, Google, Siemens, Amazon, Web Summit Locations: Israel, Gaza, Geneva, Lisbon