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A significant leadership change has taken place at the Ethereum 
$2,484 Foundation. Aya Miyaguchi, who has served as the Foundation’s executive director since 2018, has been appointed as its president. This leadership transition has been reportedly planned for some time, coinciding with recent criticisms directed at the Foundation’s management. The Ethereum Foundation aims to strengthen its institutional relationships to enhance the ecosystem.
Strengthening the Corporate Structure of the Ethereum Foundation
Miyaguchi’s appointment as president is seen as a signal of a strategic transformation in the Foundation’s management approach. She played a significant role in Ethereum’s transition from a proof-of-work mechanism to a proof-of-stake system and seeks to guide the Foundation with a broader vision.
Ethereum co-founder Vitalik Buterin praised Miyaguchi’s past leadership, emphasizing that the Foundation’s success is shaped by its commitment to Ethereum’s core principles. He expressed that this change would benefit the community. Miyaguchi stated that her new position offers an opportunity to broaden the culture of the Ethereum ecosystem to more audiences.
Recently, the Ethereum Foundation faced backlash for focusing on layer two solutions, with some users arguing that it prioritized alternative solutions over fundamental network developments. There is curiosity about how Miyaguchi will respond to these criticisms under her leadership.
Community Criticism and the Timing of Leadership Change
The criticisms directed at the Ethereum Foundation over the past year highlighted the need for leadership change. The community frequently remarked that Ethereum lagged behind its competitors regarding scalability and transaction speed. Calls for the Foundation to be more responsive to such feedback have been increasing.
It is noted that the decision to appoint Miyaguchi as president was made a year ago, but the timing of the announcement aligns with recent criticisms. Considering the Ethereum community’s future expectations, this change may mark the beginning of a new era in the Foundation’s management approach.
The identity of the new executive director to replace Miyaguchi remains unknown. The Foundation is expected to share its future management plans and new strategic steps shortly. It announced its commitment to prioritize community feedback and take necessary steps for the ecosystem’s growth.
