Cosgrave resigned as CEO in October after backlash to post accusing Israel of committing war crimes in Gaza.
Paddy Cosgrave, CEO of the annual Web Summit, said on Monday that being away from the role had given him time to think about the event and “why I started it on my own from my bedroom and what I wanted it to be”.
“I took the time to reconnect with old Web Summit friends and I listened to what they had to say and what they wanted from Web Summit,” Cosgrave said in a post on X.
“Some incredible tech advancements, relationships, partnerships, and companies have grown from our events and I want to continue building on this. If anything I want to supercharge this mission even further to build even stronger communities within Web Summit.”
Cosgrave said he hoped to make the summit more intimate and community-focused in future.
“We will seed small communities at our events, and then help those communities thrive long after each event,” he said, adding that he was excited for the future with loads more to share.
Cosgrave, who co-founded the Web Summit in 2009, did not make any reference to the controversy sparked by his comments about Israel.
Today I’m returning as CEO of @WebSummit.
When I stepped back last year, it was the first time I had taken time off in 15 years. It gave me time to think about Web Summit, its history, why I started it on my own from my bedroom and what I wanted it to be.
I took the time to… pic.twitter.com/cDu33kS1tP
— Paddy Cosgrave (@paddycosgrave) April 8, 2024
Cosgrave stepped down as head of the Lisbon-based summit in October after coming under fire over a social media post he wrote accusing Israel of committing war crimes in Gaza.
“I’m shocked at the rhetoric and actions of so many Western leaders & governments, with the exception in particular of Ireland’s government, who for once are doing the right thing,” Cosgrave said in the post on X.
“War crimes are war crimes even when committed by allies, and should be called out for what they are.”
Cosgrave’s remarks sparked blowback from across the tech industry, with firms including Google, Amazon, Meta, Stripe and Siemens announcing their withdrawal from the conference.
In a statement clarifying his remarks, Cosgrave said he unreservedly condemned Hamas’s “disgusting and monstrous” attack on Israel on October 7 and that he supported Israel’s right to defend itself.
The Irish entrepreneur later said he would step down as his comments had become a “distraction from the event”.
Former Wikimedia Foundation CEO Katherine Maher took over from Cosgrave before stepping down last month to become CEO of National Public Radio in the United States.