The Ethereum Foundation has appointed two new leaders as co-executive directors to the non-profit firm, a long-time Ethereum researcher Hsiao-Wei Wang and Nethermind founder Tomasz Stanczak.
On March 1, Ethereum Foundation announced on X that they are welcoming both the directors ahead of an exciting chapter starting for the firm. “This new leadership structure marks an exciting new chapter in the Foundation’s evolution as we continue to support a growing Ethereum ecosystem,” reads the announcement post.
Hsiao-Wei Wang has been involved with Ethereum for the past seven years as a leading researcher. She is also a key contributor to the beacon chain and a community leader for Ethereum in Taiwan. Tomasz was the founder of Nethermind, a well known blockchain research and development firm.
This duo will together lead Ethereum Foundation as co-executive directors while utilizing their proven track record to manage the organization.
With this, the foundation has also appointed Danny Ryan as co-founder for Etherealize where he will co-lead alongside Vivek Raman. Launched on January 22, Etherealize is a marketing arm for Ethereum that aims to onboard clients from Wall Street and traditional finance. It will be working as a business development firm and pitch clients to use and leverage Ethereum’s capability as a leading smart contract platform.
“Ethereum is evolving into a robust, permissionless, and censorship-resistant base layer for global finance and software,” said Ethereum Foundation, adding “The ecosystem will succeed together, and under the leadership of Hsiao-Wei and Tomasz, EF will advance the core values that motivated Ethereum’s existence in the first place.”
The changes in the Ethereum Foundation leadership team has been a hot topic since the past few weeks with the Ethereum co-founder Vitalik Buterin himself directly being involved in the matter. As this duo is now assigned to lead, the Ethereum community is anticipating what fruits they could bear amid the diminishing position of the blockchain in increasing competitive environment.
Read: “Ethereum needs a lot of young bloods” : Vitalik Buterin
