The new CEO of Ethereum layer-2 blockchain Eclipse, Vijay Chetty, takes over from founder Neel Somani amid sexual misconduct allegations.
Effective immediately, Vijay Chetty assumes the role of CEO at Eclipse Labs. Chetty, formerly the chief growth officer, brings extensive leadership experience from Uniswap Labs, dYdX Trading, Ripple Labs, and investment expertise from BlackRock.
Somani announced on May 10 his temporary reduction in public-facing duties at Eclipse Labs due to serious allegations of sexual misconduct, which he denies. Somani maintains innocence, stating he never assaulted or harassed any woman and intends to clear his name.
The transition marks a significant change in leadership at Eclipse, emphasizing accountability and addressing misconduct allegations. With Chetty’s appointment, the company aims to maintain its trajectory in the blockchain space while ensuring a safe and respectful work environment.
