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WEKU
Bobby Allyn

CEO of Web Summit tech conference resigns over Israel comments

Paddy Cosgrave, CEO and founder of Web Summit announced on Saturday that he was stepping down after comments he made about the Israel-Hamas conflict prompted a backlash. (Armando Franca/AP)

The chief executive of one of the world's largest technology conferences resigned on Saturday amid furor over remarks he made about the Israel-Hamas war sparked a boycott that led to droves of speakers and companies to pull out of the gathering.

Organizers for Web Summit, which drew more than 70,000 attendees last year, said the event will still take place in Lisbon next month and that a new CEO will soon be appointed.

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