Paddy Cosgrave has stepped down from his role as chief executive officer of Web Summit after his remarks following attacks on Israel earlier this month caused high-profile attendees, including Alphabet Inc. and Meta Inc., to pull out of the show.

Web Summit will appoint a new CEO as soon as possible and the show, due to start on Nov. 13 in Lisbon, will go ahead as planned, the organizers said in an emailed statement on Saturday.