Hsiao-Wei Wang has resigned as co-executive director and board member of the Ethereum Foundation, with the departure effective Thursday. The Ethereum Foundation is a Switzerland-based nonprofit that funds development across the Ethereum ecosystem. Wang’s exit adds to a sequence of high-profile departures at the organization over the past several months; the original headline states that eight executives have left within five months.
Her resignation follows earlier leadership changes, including the departure of Tomasz Stańczak, who had also served as co-executive director. According to the source report, Stańczak stepped back after helping steer a leadership transition at the foundation. With both co-executive directors now gone, the foundation’s interim management structure has shifted toward another board member.
Bastian Aue, a member of the Ethereum Foundation board, has taken on a larger role in guiding the organization as interim executive director. The source notes that Aue oversaw the transition during Wang’s recent sabbatical, placing him at the center of the foundation’s current handover process. His expanded role comes as the organization works through the leadership changes that followed the resignations of Wang and Stańczak.
The report describes the departures as part of a broader run of senior exits that has unsettled the foundation in recent months. The disclosed facts center on three named figures: Hsiao-Wei Wang, who has now stepped down from both her executive and board roles; Tomasz Stańczak, who had previously withdrawn after helping manage a transition; and Bastian Aue, who is now guiding the foundation in an interim executive capacity.
The source also states that the article is an excerpt from the Unchained Daily newsletter, with an option for readers to subscribe by email for free updates. The central development remains the Ethereum Foundation’s latest leadership departure, coming after earlier resignations and leaving the organization without either of its former co-executive directors.