The Ethereum Foundation (EF), a major non-profit in the crypto world, has announced some big changes to its leadership team. They’re now going with a two-person leadership model, likely in response to community feedback about recent challenges facing the ETH ecosystem.
New Co-Executive Directors Take the Helm
The EF has appointed Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors. This follows Aya Miyaguchi’s move to the role of President.
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Hsiao-Wei Wang: A core researcher at the EF, Wang has a strong background in research and was a key player in the launch of the Ethereum beacon chain. She’s excited about the future, saying the EF is evolving but its core values remain the same.
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Tomasz Stańczak:
The founder of Nethermind, a significant Ethereum execution client, Stańczak plans to bring Nethermind’s successful talent recruitment and training methods to the EF. He’ll be transitioning out of his CEO role at Nethermind but will remain involved.
The EF aims to ensure Ethereum’s growth while staying true to its core values: open source, permissionless collaboration, privacy, and security. Wang and Stańczak officially start their new roles on March 17, 2025.
Other Leadership Changes
It’s not just the top spots that are changing. Danny Ryan, a former EF developer, is returning to the ecosystem as co-founder of Etherealize, a new group focused on institutional marketing and product development for Ethereum. He’ll be working alongside Vivek Raman. Ryan sees Etherealize as bridging the gap between real-world adoption and the Ethereum ecosystem.
Current Market Conditions
Currently, Ether (ETH) is trading around $2,212, down about 20% in the last week.
