The Ethereum Foundation’s co-executive director Hsiao-Wei Wang has announced her resignation, becoming the latest high-profile departure from the Swiss nonprofit organization overseeing the blockchain protocol’s development.
In a Thursday announcement on X, Wang revealed that her decision came after taking time away from the role for personal reflection. “I’ve come to feel that this is the right moment for me to step back,” she shared. Wang indicated she hasn’t finalized plans for her next professional chapter.
The timing of Wang’s resignation is particularly notable as it follows the exit of her co-executive director Tomasz Stańczak by only a few months. Stańczak had been instrumental in managing organizational transitions before his own departure.
The Ethereum Foundation has witnessed approximately 19 personnel departures and workforce reductions during 2026. Among these, at least eight individuals in senior leadership positions have exited within the last five months.
Responding to Wang’s announcement on X, Ethereum’s co-founder Vitalik Buterin acknowledged the difficulty of her position, stating she had undertaken “the most challenging position in the Ethereum Foundation” together with Stańczak.
To address the leadership vacuum, board member Bastian Aue has taken on expanded responsibilities. Aue previously assisted with leadership continuity during Wang’s sabbatical and has now assumed a more prominent interim role following the dual co-director departures.
These successive exits have sparked increased examination from the Ethereum ecosystem. Community members are questioning the foundation’s organizational structure, long-term strategy, and capability to maintain top talent amid intensifying competition from alternative blockchain platforms.
Buterin has responded to critics calling for more aggressive network promotion by the foundation. Last May, he clarified that the foundation is “not the ‘center of Ethereum'” but instead “one node, with a defined purpose, alongside other nodes.”
This past March, the foundation published an updated charter emphasizing decentralization as a core priority. The document outlined the foundation’s objective for Ethereum to satisfy the “walkaway test” — demonstrating that the protocol could continue operating seamlessly even if the foundation and core development team ceased to exist.
Buterin has also recently challenged conventional thinking about Ethereum’s layer-2 scaling approach, suggesting the original concept “no longer makes sense.” He contended that numerous layer-2 implementations have failed to achieve genuine decentralization, while enhancements to Ethereum’s base layer offer superior long-term scalability prospects.
In her departure message, Wang emphasized the protocol’s enduring significance beyond individual contributors. “Ethereum has always been bigger than any one role, any one organization, or any one moment,” she noted.
The foundation has yet to announce permanent successors for either co-executive director position.
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