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Fortune
Fortune
Ryan Hogg

Former Mike Lynch protégé Poppy Gustafsson suddenly steps down as Darktrace CEO

Poppy Gustafsson, chief executive officer of Darktrace Plc, during a Bloomberg Television interview at the Bloomberg Tech Summit in London, UK, on Wednesday, Sept. 28, 2022. (Credit: Chris J. Ratcliffe—Bloomberg/Getty Images)

Darktrace cofounder and CEO Poppy Gustafsson has stepped down with immediate effect and will be replaced by the company’s chief operating officer as Darktrace enters the final stages of a multibillion takeover.

The British cybersecurity firm, which is the subject of a $5.3 billion acquisition by U.S. private equity giant Thoma Bravo, announced that COO Jill Popelka will take the reins at Darktrace starting today.

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