Ethereum Foundation (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role as head of the organization effective immediately, in a post shared on X on Thursday.
Wang reached the decision after a recent sabbatical, which gave her time to reflect on her priorities and future plans. “I have come to feel that this is the right time for me to step down,” she wrote.
Her departure follows the resignation of fellow co-director Tomasz Stańczak, who announced earlier this year that he would be leaving the role after helping manage a leadership transition at the Swiss nonprofit that supports Ethereum’s ecosystem development.
During Wang’s sabbatical, Ethereum Foundation board member Bastian Aue helped oversee the leadership transition and has taken on a larger role in guiding the organization in the interim following the departures of the two CEOs.
Wang’s exit adds to a period of upheaval at the Ethereum Foundation. At least eight senior figures have left the organization over the past five months, boosting community scrutiny of the EC’s priorities, governance and strategic direction as Ethereum faces increasing competition from rival blockchains.
