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cryptocurrency March 1, 2025

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The change to the Ethereum Foundation followed months of complaints from the community that the project was headed in the wrong direction.

The Ethereum Foundation has announced a new leadership structure consisting of two co-directors of the Foundation, Hsiao-Wei Wang — a core researcher at the Ethereum Foundation, and Tomasz Stańczak, the CEO of Nethermind — one of the largest execution clients on Ethereum.

According to the March 1 announcement, Wang has seven years of experience as a researcher at the Ethereum Foundation, and Stańczak has proven leadership in scaling an organization from an early-stage project to a global company.

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Wang and Stańczak will assume their roles as co-directors of the Foundation on March 17. The Ethereum Foundation added:

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