Ethereum Foundation unveils revised leadership structure featuring a management team and board of directors.
On April 28, the Ethereum Foundation (EF) revealed a leadership reorganization aimed at clarifying the responsibilities of its two co-executive directors and delineating the roles of its management team and board of directors.
These modifications are part of an initiative to improve strategic implementation, reinforce internal functions, and provide enhanced support to the expanding Ethereum (ETH) ecosystem.
Following this restructuring, Hsiao-Wei Wang and Tomasz K. Stańczak were appointed as co-executive directors in March, aiming to harmonize technical knowledge with effective operational leadership.
The EF emphasized that the co-executive directors will collaborate closely with the wider management team, driving the vision of the foundation through strategic planning, stewardship of the ecosystem, and oversight of operations.
Bastian Aue and Josh Stark have also joined the management team, focusing on organizational strategy, recruitment, project implementation, and communications.
Management structure and board oversight
With the new framework, the management team handles daily operations, while the board of directors provides oversight of vision and regulatory compliance.
The current board includes Ethereum co-founder Vitalik Buterin, president Aya Miyaguchi, Swiss counsel Patrick Storchenegger, and co-executive director Hsiao-Wei Wang.
The board ensures alignment between management actions and the foundational principles of the organization, possessing the authority to appoint and dismiss executive leaders as required.
Both Buterin and Miyaguchi reiterated the importance of Ethereum’s resilience, which is rooted in technical decentralization along with social and structural decentralization.
The board underscored the necessity for the Ethereum Foundation to adopt a supportive and adaptable role, avoiding centralized control over the ecosystem’s growth.
Strategic priorities
In a joint statement, Wang and Stańczak detailed their main objectives for the coming year, with priorities set on scaling Ethereum’s mainnet and enhancing interoperability between L1 and L2 networks to improve user and developer experiences.
They emphasized that technical excellence will remain a cornerstone of all initiatives. The two co-executive directors identified four guiding principles that will govern decision-making: censorship resistance, open-source innovation, privacy protection, and security.
According to them, these values are crucial for ensuring Ethereum’s long-term sustainability and utility as a global public asset.
Stańczak, who is affiliated with Nethermind and engages in venture activities, will serve a two-year term as co-executive director, concentrating on expediting critical projects related to Ethereum’s technical framework.
Wang will facilitate connections between board decisions and management operations, leveraging her research expertise and historical insights into the Ethereum Foundation’s functions.
Vision for Ethereum’s future
In a distinct announcement, the Ethereum Foundation conveyed its broader vision, referring to its role as a steward of the “Infinite Garden,” a term used for the Ethereum ecosystem.
The foundation expressed its dedication to pinpointing and addressing crucial areas where its involvement is essential while consciously allowing independent teams the freedom to operate whenever feasible.
The foundation’s long-term aspirations encompass maximizing the meaningful application of Ethereum across diverse sectors, such as decentralized finance, social networking, and AI coordination platforms. A vital aim is to ensure the resilience of Ethereum’s technical and social infrastructure via decentralization, risk management, and varied development teams.
EF leadership highlighted that deliberate subtraction—designing systems that distribute power rather than concentrating it—remains a foundational aspect of its governance philosophy. The foundation is committed to adjusting its structure and initiatives while maintaining Ethereum’s core values as the ecosystem evolves.
The Ethereum Foundation determined that it would persist in enhancing its management framework and strategic focus, supporting Ethereum’s mission to function as a resilient and neutral platform for global coordination across technology, finance, and governance.
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