Kim Dotcom has resigned as a director of the Mega file-sharing company to focus on fighting extradition charges and building a political party.
Chief executive Vikram Kumar said Mr Dotcom officially left the company last week.
He said Mr Dotcom will still have influence over the company through shares owned by his family trust.
The internet businessman is fighting extradition to the United States to face charges of internet copyright fraud, racketeering and money laundering.
He resigned as a director at a board meeting on 29 August.