Ethereum Foundation's second co-director just resigned. Eight senior exits in five months, and still no permanent leadership.
Both co-executive directors are gone, a board member is holding the interim role, and the EF still hasn't named anyone permanent.
CryptoVibe Desk · ethereum · ethereum-foundation · governance
- →Hsiao-Wei Wang resigned as Ethereum Foundation co-executive director effective June 18, making her the second co-ED to leave the nonprofit in 2026.
- →At least eight senior EF figures have left in the past five months, and the organization is now running on interim board leadership with no permanent successor named.
- →Watch for the EF to name a permanent executive director or announce a governance overhaul before end of Q3 2026. Silence by then means the interim structure is the plan.
- Ethereum Foundation → The nonprofit organization based in Switzerland that funds research and development for the Ethereum blockchain.
- co-executive director → One of two people sharing the top leadership role at the Foundation, similar to a co-CEO at a company.
Hsiao-Wei Wang resigned as Ethereum Foundation co-executive director on June 18. Effective immediately.
Wang said a recent sabbatical clarified her priorities, per CoinDesk. No replacement has been named.
Both co-executive directors are now gone. Tomasz Stańczak left earlier in 2026 after helping guide a leadership transition at the Switzerland-based nonprofit. Board member Bastian Aue stepped into an expanded interim role during Wang's sabbatical and is still carrying it now.
At least eight senior EF figures have departed in the past five months, CoinDesk reports. If you've been tracking Ethereum governance, that number is the only number that matters today.
The EF has faced months of community pressure over strategy, resourcing, and direction. Ethereum is also competing harder than it has in years against rival chains. An interim board member holding it together doesn't help either problem.
The tape matches the story. This is an organization mid-rebuild, with no permanent architect named.
The EF let both co-executive director seats go vacant without naming a successor. That is a governance miscalculation. Bastian Aue carrying an expanded board role is a patch, not a plan.
A named permanent EF executive director, or a formal governance restructuring announcement, before end of Q3 2026. Nothing by then means the interim structure has become the strategy.
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