The Ethereum Foundation’s (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her position main the group efficient instantly, in a submit shared on X on Thursday.
Wang reached the choice after a latest sabbatical, which gave her time to mirror on her priorities and future plans. “I’ve come to feel that this is the right moment for me to step back,” she wrote.
Her departure follows the resignation of fellow co-executive director Tomasz Stańczak, who introduced earlier this 12 months that he would go away the position after serving to steer a management transition on the Switzerland-based nonprofit that helps Ethereum’s ecosystem growth.
Throughout Wang’s sabbatical, Ethereum Foundation board member Bastian Aue helped oversee the management transition and has taken on a bigger position in guiding the group within the interim following the departures of each co-executive administrators.
Wang’s exit provides to a interval of upheaval on the Ethereum Foundation. At the very least eight senior figures have departed the group over the previous 5 months, fueling group scrutiny of the EF’s priorities, governance, and strategic course, as Ethereum faces mounting competitors from rival blockchains.
