Ethereum Foundation Introduces New Leadership

The Ethereum Foundation (EF) has introduced a leadership shakeup, appointing Hsiao-Wei Wang and Tomasz Stanczak as co-Executive Directors.

This transition follows mounting calls for structural changes within the organization.

Effective March 17, Wang and Stanczak will assume their roles as co-Executive Directors.

According to the official announcement, Wang and Stanczak will play a key role in shaping the Foundation’s future while maintaining their commitment to Ethereum’s broader ecosystem.

Wang has spent the past seven years as a researcher at the Foundation, focusing on the Beacon Chain and actively engaging with Ethereum’s community in Taiwan. Her extensive experience provides her with a deep understanding of Ethereum’s foundational principles and the Foundation’s mission.

On the other hand, Stanczak brings a strong leadership background from his tenure at Nethermind, a critical Ethereum execution client. While he remains connected to Nethermind, he is in the process of transitioning out of his CEO role.

The Foundation expects both leaders to help steer Ethereum’s growth and evolution. Meanwhile, the appointment follows a significant leadership shift. Aya Miyaguchi, who led as Executive Director for seven years, recently stepped into the position of President.

Also, the co-leadership model has sparked discussions within the community about its potential impact on decision-making efficiency and competition.

Addressing these concerns, Stanczak clarified that the Ethereum Foundation’s leadership will operate under a “full trust and parallel full mandate” approach. This means each leader can make independent decisions while maintaining collaboration.

He noted that ecosystem participants will have the flexibility to engage with whichever co-executive Director aligns with their needs. He added:

“The EF leadership team has a slightly more collective feel than what you would expect from a CEO-led organization. Vision comes from Vitalik Buterin and Aya Miyaguchi. Strategy comes from the leadership team / entire EF team. Execution from myself and Hsiao-Wei Wang will be to serve EF and the ecosystem / communicate as much as possible and provide the best decisions when needed without delay,” Stanczak wrote.

Danny Ryan Joins Etherealize

In another major development in the Ethereum ecosystem, Ethereum researcher Danny Ryan has announced his new role as co-founder of Etherealize alongside Vivek Raman.

Etherealize aims to bridge Ethereum with institutional investors, including hedge funds and Wall Street firms. The organization plans to serve as an educational and marketing force for Ethereum’s adoption in mainstream finance.

“I couldn’t be more bullish on Etherealize and what it means for the future of Ethereum. Danny Ryan is, in my opinion, one of the three most credible and important people in the Ethereum technical world. This is the start of a new era for Ethereum, one where we’re not hiding due to fear of government retribution, and we reach out to them instead to proactively bring them onchain,” wrote popular crypto influencer DCinvestor.

Ryan explained that while Raman will focus on connecting Ethereum to the financial sector, he will work on reinforcing Ethereum’s relevance in the real world. He sees this initiative as an essential step toward making Ethereum a cornerstone of global finance and decentralized applications.

“I intend to build a new Ethereum institution with Real World Ethereum as its north star The world is ready to come on chain, and we’re here to do the hard work necessary to make it happen,” Ryan added.

Considering this, Etherealize intends to contribute to policy discussions, ecosystem development, and research across Ethereum’s Layer 1, Layer 2, and application stack.