According to the article, a person familiar with the company praised Robertson for the move, noting that he realized he didn't have the skills to run the business at this time. The company was founded in 2000. Beighton joined in 2009 as its finance director.
We praise the company for establishing a long runway for its transition founder and for Nick Robertson for being a self-aware founder and understanding his evolving role in the success of the company. Now we will need to wait and see how the company fares under this new leadership,