Ethereum Foundation co-executive director steps down as senior departures mount

Ethereum Foundation co-executive director Hsiao-Wei Wang stepped down, the latest of at least eight senior departures in five months. Critics blame management failures, while supporters say it reflects Ethereum's push to decentralize beyond the Foundation.

• Hsiao-Wei Wang, one of two co-executive directors appointed last year, is returning to a research role.
• At least eight senior members have left the Ethereum Foundation in the past five months.
• Former researcher Dankrad Feist said the departures reflect management issues, not strategy disagreements.
• The Foundation recently unveiled a 'CROPS' strategic framework focused on cypherpunk values and decentralization.
• The talent exodus has reignited debate about whether the EF can guide Ethereum through an increasingly competitive landscape.

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