CryptoETHEthereum Foundation Revamps Leadership to Strengthen Governance

Ethereum Foundation Revamps Leadership to Strengthen Governance

The Ethereum Foundation has unveiled a significant leadership restructuring aimed at enhancing the clarity and efficiency of its governance model, formally separating executive management from board oversight responsibilities.

Announced in a blog post on April 28, the new structure introduces Hsiao-Wei Wang and Tomasz K. Stańczak as co-executive directors. They will be joined by Bastian Aue and Josh Stark on the management team, with responsibilities spanning organizational strategy and project implementation.

Under the updated framework, the management team will oversee daily operations and the execution of strategic initiatives, while the board will concentrate on long-term vision setting, compliance, and safeguarding Ethereum’s foundational values.

The board now consists of four members: Ethereum co-founder Vitalik Buterin, who will continue to provide technical and philosophical guidance; Aya Miyaguchi, the Foundation’s president, who will focus on long-term vision and external relationships; Swiss legal expert Patrick Storchenegger, ensuring compliance with local non-profit laws; and Wang, who will serve dual roles as a board member and liaison to the executive team.

Described as a “security council,” the board is also empowered to appoint or remove executive directors when necessary, reinforcing its supervisory role in maintaining the Foundation’s mission of decentralization.

In outlining their priorities for the year ahead, Wang and Stańczak emphasized scaling Ethereum’s layer-1 infrastructure, strengthening integration with layer-2 solutions, and enhancing usability for developers and end-users alike. They also reiterated the Foundation’s commitment to core principles such as censorship resistance, privacy, open-source development, and network security.

Stańczak, who will serve a two-year term, will continue his involvement with Nethermind and contribute to a forthcoming Ethereum-focused venture fund.

The leadership overhaul comes amid growing calls from within the Ethereum community for the Foundation to assume a more proactive role—especially in decentralized finance—while continuing to resist centralization. The Foundation reaffirmed its position as a neutral steward, dedicated to supporting the Ethereum ecosystem without asserting top-down control.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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