A Massachusetts tech executive’s scandalous moment at a Coldplay concert has transformed into a potential $35 million financial catastrophe, with divorce attorneys predicting his betrayed wife could claim half his estimated fortune under the state’s strict marital asset division laws.
Andy Byron’s wife, Megan Kerrigan, could emerge significantly wealthier if she proceeds with divorce proceedings against the now-former Astronomer CEO, who resigned Saturday after viral kiss cam footage showed him embracing company human resources executive Kristin Cabot at the concert, according to The New York Post. The Bay State’s mandatory asset-splitting requirements for marriages exceeding seven years could force Byron to hand over between $10 million and $35 million to Kerrigan, who shares two children with the disgraced technology firm leader.
🚨 BREAKING: Astronomer CEO Andy Byron has officially RESIGNED after being caught cheating on his wife at a Coldplay concert
So dude’s now lost his career, reputation, and probably his wife plus half his net worth all because he wanted to canoodle a coworker.
Don’t cheat, kids! pic.twitter.com/5PbjhvgWQL
— Nick Sortor (@nicksortor) July 19, 2025
 Massachusetts matrimonial law mandates equal division of assets accumulated during long-term marriages, explained Nancy Chemtob, a partner at Chemtob Moss Forman & Beyda specializing in family law matters. “It’s obviously a long-term relationship,” Chemtob noted regarding Byron and Kerrigan’s marriage, The New York Post reported. Kerrigan immediately switched to her maiden name across social media platforms after the kiss cam incident ignited internet-wide controversy.
The state’s legal framework means Byron, who helped establish Astronomer before his weekend resignation, faces potential tens of millions in settlement costs to Kerrigan, Chemtob told The New York Post. Byron’s net worth ranges between $20 million and $70 million according to Economic Times estimates, though the timing of his wealth accumulation remains unclear.
Cabot faces different financial circumstances regarding potential divorce proceedings, Chemtob observed to The New York Post, since she and her apparent spouse, Andrew Cabot, who owns Privateer Rum, appear to have maintained a relatively brief marriage. The presence of prenuptial or postnuptial agreements could significantly complicate matters for either couple, the attorney noted.
Certain prenuptial contracts include infidelity clauses requiring guilty parties to provide financial compensation for marital betrayal. However, Jackie Combs, a Los Angeles matrimonial and family law partner at Blank Rome, told The New York Post that courts typically resist enforcing such provisions for infidelity.
Meme of the startup CEO and the head of human resources from his company getting caught on the Kiss Cam (Photo: Social Media)
The Coldplay concert video could serve as trial evidence, though Massachusetts doesn’t require proof of adultery to grant a divorce. Any “misappropriation” of marital funds to support extramarital relationships could influence financial outcomes in potential divorce cases, Combs explained to The New York Post.
The children represent the genuine casualties in this situation, Chemtob emphasized. “I think the worst thing in this case is the embarrassment factor for the kids,” she told The New York Post. “The problem here is that now, the kids are embarrassed, the families are embarrassed, and there’s going to be a lot of expenses with regard to therapy for the children, getting separate homes, things like that.”
The status of both marriages remained uncertain following the emergence of the high-profile scandal.
