Hsiao-Wei Wang has stepped down as co-executive director and board member of the Ethereum Foundation, with her resignation taking effect on Thursday. The move adds another senior departure to a series of high-profile exits that have unsettled the Switzerland-based nonprofit over the past several months. According to the original headline, eight executives have left the Ethereum Foundation within five months.
The Ethereum Foundation funds development across the Ethereum ecosystem, and changes in its leadership structure are closely tied to how the organization manages its internal transition. Wang’s departure is notable because it removes her from both an executive leadership post and a board position at the same time.
Both Co-Executive Directors Have Now Departed
Wang’s resignation follows the earlier departure of fellow co-executive director Tomasz Stańczak. Stańczak had stepped back after helping steer a leadership transition at the foundation. With Wang now also gone, both of the organization’s co-executive directors have left their roles.
The report describes the departures as part of a string of senior exits over recent months. That sequence has left the foundation continuing to manage leadership handovers even after a formal transition effort had already been underway.
Bastian Aue Takes a Larger Interim Role
Board member Bastian Aue, who oversaw the transition during Wang’s recent sabbatical, has taken on a larger role in guiding the foundation as an interim executive director. The report does not state a reason for Wang’s resignation and does not provide a timetable for any permanent replacement or further leadership appointment.
For now, the foundation’s leadership responsibilities are being handled through Aue’s expanded role. The report identifies this as the latest change in the organization’s executive structure, following the departures of Wang and Stańczak.
Report Originated From Unchained Daily
The story was published as an excerpt from the Unchained Daily newsletter. The original item also included a note inviting readers to subscribe to receive those updates by email for free. Beyond the named departures and Aue’s interim role, the report did not disclose additional details about the Ethereum Foundation’s internal personnel plans.