
Ethereum Foundation Restructures Leadership Amid Community Concerns
Mar 5
2 min read
The Ethereum Foundation has announced significant leadership changes, appointing Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors. This restructuring comes in response to community feedback regarding the Foundation's direction and the performance of the Ethereum ecosystem.
Key Takeaways
Hsiao-Wei Wang and Tomasz Stańczak appointed as co-executive directors.
Aya Miyaguchi transitions to the role of President.
Former researcher Danny Ryan joins Etherealize, a new initiative aimed at institutional adoption of Ethereum.
New Leadership Structure
On March 1, 2025, the Ethereum Foundation revealed its new leadership structure, which includes two co-executive directors: Hsiao-Wei Wang and Tomasz Stańczak. This change follows Aya Miyaguchi's move from executive director to president of the Foundation.
Wang has been with the Ethereum Foundation since 2017, contributing to key projects such as sharding and the Ethereum Merge. Stańczak, the founder of Nethermind, brings extensive experience in scaling organizations within the blockchain space.
The Foundation emphasized that this leadership change aims to navigate the transition of Ethereum from a niche project to a robust, global financial infrastructure.
Community Response
The restructuring comes amid growing concerns from the Ethereum community regarding the Foundation's effectiveness and the performance of the Ethereum network. Critics have pointed to a decline in developer interest compared to competitors like Solana and have expressed dissatisfaction with the lagging price of Ether (ETH).
In response to these concerns, the Foundation has committed to upholding its core values of open-source collaboration, privacy, and security while fostering growth within the ecosystem.
Formation of External Council
In addition to the leadership changes, the Ethereum Foundation has established the "Silviculture Society," an external advisory group tasked with ensuring that the Foundation adheres to its core values. This group will provide informal counsel and support the Foundation's mission to maintain a decentralized and censorship-resistant network.
New Initiatives
As part of its strategy to enhance Ethereum's market presence, the Foundation has launched Etherealize, a new initiative aimed at bridging the gap between Ethereum and institutional investors. Danny Ryan, a former researcher at the Foundation, will co-found Etherealize alongside Vivek Raman, focusing on marketing Ethereum as a serious asset for institutional adoption.
The Ethereum Foundation is also prioritizing its social media presence and marketing efforts to better engage with the community and potential investors. This includes hiring a social media manager to revamp its online strategy.
Conclusion
The Ethereum Foundation's leadership changes and new initiatives reflect a proactive approach to addressing community concerns and enhancing the Ethereum ecosystem's growth. With new leadership in place and a focus on institutional adoption, the Foundation aims to strengthen its position in the competitive blockchain landscape.
Sources
Ethereum Foundation Picks New Co-Executive Directors, Following Leadership Reshuffle, CoinDesk.
Ethereum Foundation Reveals New Leadership Structure — Details | Bitcoinist.com, Bitcoinist.com.
Ethereum Foundation forms external council to uphold core blockchain values, Cointelegraph.
Ethereum Foundation officially announces new leadership, Cointelegraph.