Ethereum Foundation Shakes Up Leadership to Refocus Vision—Impact on ETH?

• The Ethereum Foundation has recently split the executive branch from the board by appointing two co-executive directors.

• The board will step back and set sights on the long-term goals the new executive team will take charge of daily management.

The Ethereum Foundation has recently revealed a change in leadership structure by including a a co-executive model to work towards improved internal organization. Hsiao-Wei Wang and Tomasz K. Stańczak have been appointed as co-executive directors, and this will be the beginning of the new formation of the Foundation for its governance.

1/ Today, we’re excited to share three updates from the EF board and management team.

— Ethereum Foundation (@ethereumfndn) April 28, 2025

Both Wang and Stańczak will be highly responsible for the daily operations and the execution of the strategies implemented. They are joined by Bastian Aue and Josh Stark, who are experienced in organizational strategy and project management. The change in structure for the management team is that this team will work apart from the board, which is in charge of the long-term planning and adherence to the rules and compliance.

The board is comprised of four people, including Ethereum’s founder, Vitalik Buterin, the president of the Foundation, Aya Miyaguchi, lawyer Patrick Storchenegger, and Wang. Buterin will provide technical support, Miyaguchi will handle matters outside the company, and Storchenegger will oversee compliance with Swiss nonprofit laws. Wang shall be responsible for the relationship between the board and the executive team.

Scaling, Simplicity, and Layer-2 Integration Take Center Stage

The recent change in leadership has brought an array of priorities that have the potential to make significant changes. Wang and Stańczak have already outlined some roadmaps on how to expand Ethereum’s layer-1 vision and enhance the integration between layer-2 solutions and layer-1, and ease developers’ and users’ operation with the ecosystem. They again affirmed fundamental principles such as censor avoidance, privacy, and open source.

Stańczak, who will also continue with his assignment with Nethermind and an Ethereum venture program, will hold the two-year term. The Foundation said that the board will act like a “security council” that will preserve the four principles of Ethereum while possessing the ability to remove the executive directors whenever needed.

These changes have come as Ethereum users have been pushing for the Foundation to be more involved, particularly in sectors like DeFi. Even in the case of extended leadership, this move sharpened its role as a non-biased administrator rather than an authority.

ETH Price Faces Pressure Despite Long-Term Optimism

Market reactions remain muted. The price of ETH was $1,767.59 at the time of writing and had been 1.82% down on the day. The absence of a significant change in the price indicates a mixed attitude towards the Foundation’s announcements.

However, history gives us a ray of hope. Historically, May has been significant for Ethereum, which usually experienced a rise in this period due to increased on-chain traffic. Analysts are waiting to see if ETH follows the trend associated with such a pattern, which is to have gains ranging from 10-30%.

Source: Coinglass

On the other hand, large holder distribution seems to be increasing. Wallets with between 1,000 and 10,000 ETH revealed that they acquired an additional 10 million tokens on the last day, showing that big whales are regaining confidence in Ethereum in preparation for upgrades.