Another Ethereum Foundation leader steps down
Hsiao-Wei Wang has resigned as co-executive director of the Ethereum Foundation, becoming roughly the eighth senior figure to leave in five months as scrutiny over the organisation's governance and direction intensifies.

Wang exits after a decade of contributions
@hwwonx has stepped down as co-executive director of the @ethereumfndn, effective immediately. Wang said a recent sabbatical gave her time to reflect on her future priorities, and that it felt like the right moment to step back and spend more time closer to home.
She leaves on good terms. @VitalikButerin offered warm words, praising a decade of steadfast work and what he described as handling the most challenging position at the most challenging time with grace. During her years at the Foundation, Wang played a vital role in the design, specification, and implementation of the Beacon Chain, Ethereum's proof-of-stake backbone. She joined the Foundation in mid-2017 as an L1 researcher, making her one of its longest-serving technical leaders.
The latest exit in a turbulent year for the EF
Wang's exit adds to a period of upheaval at the Ethereum Foundation. At least eight senior figures have departed the organisation over the past five months, fuelling community scrutiny of the EF's priorities, governance, and strategic direction, as Ethereum faces mounting competition from rival blockchains.
Tomasz Stańczak, the other co-executive director, announced his own departure at the end of February 2026, marking a notable shift in the organisation's executive team. During Wang's sabbatical, Ethereum Foundation board member Bastian Aue helped oversee the leadership transition and has taken on a larger role in guiding the organisation in the interim.
The broader wave of exits has included prominent contributors such as Barnabé Monnot, Tim Beiko, Trent Van Epps, and Alex Stokes. The turnover comes as the Foundation undergoes an internal transition tied to a new organisational mandate aimed at redefining its role within Ethereum, fuelling debate across the community about the nonprofit's direction, governance, and long-term evolution.
In a mandate published in early 2026, the Ethereum Foundation said it no longer viewed itself as the network's central authority, but rather as one steward among many supporting Ethereum's long-term resilience, open-source development, and public infrastructure. Whether Wang's departure accelerates that transition or complicates it remains to be seen, though the Foundation has signalled its roadmap commitments remain intact.
Sources
CoinDesk: Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns
CoinDesk: The Ethereum Foundation is facing a wave of high-profile departures
CoinDesk: Ethereum Foundation leadership shake-up, Tomasz Stańczak out as co-executive director
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Crypto RichRich has been researching cryptocurrency and blockchain technology for eight years and has served as a senior analyst at BSCN since its founding in 2020. He focuses on fundamental analysis of early-stage crypto projects and tokens and has published in-depth research reports on over 200 emerging protocols. Rich also writes about broader technology and scientific trends and maintains active involvement in the crypto community through X/Twitter Spaces, and leading industry events.












