So finally Peter Adderton, the much talked about CEO of Amp’d and the company he started have parted ways. Rumors of his departure have been making the rounds for sometime, but now it is official. We even confirmed it with the company.

“Peter and Amp’d have officially parted ways,” a spokesperson told Katie. The parting happend this weekend, and the senior management including Bill Stone (President), Sue Swensen (COO) and Doug Dobie (CMO) are in charge right now of the company that filed for bankruptcy recently.

Why did the change happen? “We wont comment on anything beyond this.” The big question is: did Adderton drive away or did he take a helicopter ride into the sunset.