Business

HubSpot fires executive, citing ethics violation

A report says chief marketing officer Mike Volpe attempted to get his hands on a draft of a former employee’s book about the company.

Dana Rudick / The Boston Globe

Boston area start up HubSpot is in a spot of trouble after attempting to get their hands on a draft of a former employee’s book about the company, BetaBoston reports.

According to the report, as a result of an independent investigation overseen by the company’s board of directors, the Cambridge tech firm has fired its top marketing executive, Mike Volpe, for violating HubSpot’s code of business conduct and ethics code.

Vice president of content Joe Chernov resigned before the company could fire him, and chief executive officer Brian Halligan has been sanctioned for knowing about the incident, but failing to alert the company’s board of directors “in a timely fashion,’’ BetaBoston said.

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HubSpot is one of the Boston area’s most prominent tech start ups, and uses social media to help businesses connect with customers. The business was started in 2006 by two MIT post-grads, Halligan, and Dharmesh Shah. The company currently employs 887, mostly in Cambridge, BetaBoston reports.

According to BetaBoston, the book in question is likely the one being written by Dan Lyons, a former journalist who worked for HubSpot last year. Lyons has already worked on the HBO show Silicon Valley and announced in February he was “working on a memoir of my ridiculous attempt to reinvent myself and start a new career as a marketing person inside a software company during the second tech bubble.’’

Click here to read BetaBoston’s full report.

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