Crypto news

20.06.2026
02:29

Ethereum Foundation loses another top manager: co-executive director leaves after sabbatical

Ethereum ETH Efir 2025

The Ethereum Foundation continues to experience significant personnel changes. The organization's co-executive director, Xiao-Wei Wang, has officially left her position and stepped down from the foundation's board. This decision was made after completing a sabbatical, during which she reassessed her priorities.

Wang explained her departure by a re-evaluation of personal goals and life directions. This did not come as a surprise to me: in recent months, rumors have circulated in the market about internal tensions within the foundation's leadership, especially amid growing criticism from the community regarding the pace of ecosystem development.

A Wave of Departures in Leadership

Wang's resignation is already the second significant departure from the upper echelons of the Ethereum Foundation in recent months. In February, Tomasz Stańczak left a similar position, forcing the foundation to appoint Bastian Aue as interim co-executive director. This personnel rotation raises questions about the organization's strategic stability, particularly on the eve of key network upgrades.

In my view, these changes signal a deep internal restructuring. The Ethereum Foundation has traditionally been conservative in its management decisions, but the current situation may indicate an attempt to adapt to new challenges — from competition with Solana to the need to accelerate the implementation of scaling solutions.

Expert commentary from Cryptalist: The departure of two co-executive directors in a short period is not just a coincidence. It is a symptom of a structural overhaul that will either strengthen the Ethereum Foundation or, conversely, lead to temporary disorganization. Investors should closely monitor who fills these vacancies: the appointment of strong leaders could be a positive signal, while a prolonged process will increase uncertainty surrounding the foundation's future.