Wordpress seems like a great end to end solution for people who don't want to write their own CMS or bother with command line tools and complicated setup. There a lot of CMS tools out there but wordpress hits the sweetspot of wide variety of hosting & managed solutions, high customizability, and ease of use for non technical users.

I got rid of it on my own website some time ago but the startup I'm with still uses it. It's great; doesn't need my attention and our marketing people can deal with content. I'll likely transition it over to a managed solution at some point but beyond that I don't have the bandwidth to building and maintaining a new company website.