The co-chief executive of Australia’s largest technology company has resigned more than two decades after co-founding the company.
Atlassian announced that Scott Farquhar will resign during the release of its third-quarter financial results on Thursday.
Mr Farquhar’s last day will be August 31, but he will remain active as a board member and will take on a special advisory role.
Co-founder Mike Cannon-Brookes will continue to lead as CEO.
“This quarter will be marked by more than just a momentous cloud milestone,” Atlassian wrote in a letter to shareholders.
“After 23 incredible years, Scott Farquhar has made the decision to step down as co-CEO.”
Farquhar will step down to spend more time with his family and philanthropic activities.
“While it is a difficult decision to walk away, I do so knowing that Atlassian is uniquely positioned to take advantage of the enormous opportunities at its feet,” he said.
“We have a strong leadership team and great momentum around cloud, enterprise and now AI.”
More to come.