The IT company CEO captured in a widely circulated video showing him embracing an employee at a Coldplay concert has resigned. Andy Byron resigned from his job as CEO of Cincinnati-based Astronomer ...

"Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met," the company said.

CEO resigns after embracing employee at Coldplay concert; company values and culture cited in resignation statement.

Andy Byron resigned from his job as CEO of Astronomer, according to a statement posted on LinkedIn by the company at the weekend.