Former Parler CEO Matze Stripped Of All Company Shares Upon Firing, Sources Say
NPRFormer Parler CEO Matze Stripped Of All Company Shares Upon Firing, Sources Say Enlarge this image toggle caption picture alliance/dpa/picture alliance via Getty I picture alliance/dpa/picture alliance via Getty I Updated 2:55 p.m. ET Wednesday The power struggle that led to conservative social media site Parler abruptly firing its founder and CEO John Matze last month became so acrimonious that when Matze was sacked, he was also involuntarily stripped of his entire stake in the company, according to people familiar with Matze's exit. Parler officials dispute Matze's characterization of his ouster, calling his sequence of events "inaccurate and misleading." A disclosure filed in January as part of Parler's federal suit with Amazon Web Services listed Matze and Mercer as company members.