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Amperity CEO Barry Padgett to step down June 1; Chris Jones named interim CEO, Padgett to become adviser

Amperity CEO Barry Padgett is stepping down effective June 1 to spend more time with family and will become an adviser, with chief customer and product officer Chris Jones named interim CEO; the company has no timeline for a permanent replacement. Padgett became CEO in 2022 after co-founder Kabir Shahani left and previously served as Amperity COO and Stripe CRO, while Shahani has since co-founded Avante.

Steve Singh Joins Madrona Venture Group as Managing Director to Back Next-Gen Entrepreneurs

Steve Singh has joined Madrona Venture Group as a managing director, transitioning from a long entrepreneurial career to venture investing to support and mentor the next generation of entrepreneurs. He emphasizes Madrona's focus on backing people, thematic investing in next-phase computing—especially Intelligent Applications—and helping founders build lasting companies.

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