For Paul and Gigaom, a new chapter

After seven years of admirably leading Gigaom, Paul Walborsky, our chief executive officer, has decided that it is time for him to seek new horizons. It is a bittersweet day for me — Paul has been a friend longer than he has been our CEO. I am happy for him as an individual — for I made a similar decision myself this year — but I am also saddened that he will be leaving our company.

Paul was my best friend’s college roommate. I met him when he was just out of business school and he was busy selling emerging market bonds. He was bilingual in two languages I understand best — struggle and hustle. We become friends and he started a SaaS company, before the internet bubble; the grandpa version, mind you.

In 2007, when he was looking for a new mountain to climb, it seemed natural that we should work together. A few months later, when I suffered a medical setback, the board, led by myself, felt it prudent that we hire a new CEO — and again Paul was our natural choice. Since that day he has led the company from the front, working tirelessly and with enthusiasm.

The board of directors (that includes me plus all our investors) are working with our senior executive team to ensure a smooth transition. The board is working with a professional search firm to find our next chief executive.

Our team of over 75 people work tirelessly to create the content that respects our readers, organize events that foretell the future and publish research that can help companies make better business decisions about their future. On behalf of those very people, I want to thank Paul for his efforts, hard work and friendship. Paul will have my eternal gratitude.

And thank you to Liann, Maya and Ellie for sharing the most important man in your life with me and rest of Gigaom.

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