Crypto news

20.06.2026
00:30

Ethereum Foundation loses key executive: Xiao-Wei Wang steps down

Ethereum ETH Эфир 2025

Hsiao-Wei Wang, who served as co-executive director of the Ethereum Foundation, has officially announced her departure from both the management structure and the foundation's board. This decision was made after completing a sabbatical and, according to her, was driven by a reassessment of personal priorities.

This personnel change is the second significant loss for the Ethereum Foundation's leadership in recent months. Recall that in February, Tomasz Stańczak left a similar position, also stepping down from the role of co-executive director. Bastian Aue was appointed as the interim successor to this post, and he will now likely take on even more responsibilities.

The departure of Hsiao-Wei Wang is not just a change of face in leadership, but a signal of possible internal changes in the foundation's management strategy. The Ethereum Foundation, as a key institution responsible for the development of the Ethereum ecosystem, is undergoing a period of reorganization, which could affect the pace of decision-making and coordination with the developer community.

My comment as an analyst: The departure of two senior executives in a short period of time indicates that the Ethereum Foundation is in a phase of searching for a new operational model. This is not necessarily a crisis, but it is certainly a challenge for the foundation, which must maintain community trust and ensure uninterrupted support for critically important upgrades such as the transition to Proof-of-Stake and scaling through Layer 2. The market has not yet reacted to this news with significant movements, but investors should closely monitor further appointments.