Ethereum Foundation revamps management and board structure to clarify roles

The Ethereum Foundation (EF), the organization behind the Ethereum blockchain, announced its new management team and board to clarify their respective roles, according to a blog post on its website. Under the latest structure, the management team will be responsible for strategic and operational execution, while the board will serve as a security council and oversee compliance in Switzerland. The board will also select executive directors and, if necessary, terminate them. The new management team includes Hsiao-Wei Wang and Tomasz K. Stańczak as Co-Executive Directors, along with Bastian Aue, who will focus on organizational strategy, hiring and training, and stewarding, and Josh Stark, who will focus on project execution, communications and marketing, and stewarding. The board comprises Ethereum Founder Vitalik Buterin, President Aya Miyaguchi, Swiss counsel Patrick Storchenegger and Hsiao-Wei Wang, who will also act as a bridge between the board and management.