The Ethereum Foundation has announced a significant organizational shift with the appointment of Hsiao-Wei Wang and Tomasz K. Stańczak as co-executive directors, effective April 28th, 2025. This move marks an important step in aligning technical and operational leadership within the foundation. Hsiao-Wei Wang brings extensive Ethereum research experience to the role, serving as the technical anchor while collaborating with the board. Tomasz K. Stańczak, founder of Nethermind, will leverage his engineering expertise to ensure efficient project delivery and timely execution. Aya Miyaguchi has transitioned to become President, reflecting a strategic restructuring based on evolving organizational needs. This change seeks to mitigate potential vulnerabilities associated with single-point leadership by distributing responsibilities and fostering unified decision-making processes. The new leadership team aims to fortify Ethereum’s strategic goals, focusing on scaling the mainnet, enhancing user experience, and driving innovation. They will also prioritize improvements in data availability and speed within Layer 2 applications. This shift could positively impact the Foundation’s governance and project management, potentially influencing financial, regulatory, and technological landscapes globally. The co-executive directors are committed to upholding the Ethereum mainnet as a stable and neutral network, paving the way for ambitious advancements that could significantly influence various sectors.