Tomasz Stanczak, the former CEO of Nethermind who took the co-executive director role at the Ethereum Foundation just ten months ago, will step down at the end of February 2025. The surprise move ends one of the shortest top-level tenures in the foundation’s history and comes as Ethereum faces mounting pressure over network costs, scaling delays, and competition.
Bastian Aue, a long-time Ethereum community member and former head of the Ethereum Foundation’s Ecosystem Support Program, will replace Stanczak and serve alongside current co-executive director Hsiao-Wei Wang. The leadership change was announced quietly on the foundation’s blog late Monday.
Why the Sudden Exit Matters
The departure blindsided many in the Ethereum community. Stanczak was brought in last April to bring fresh engineering muscle and help push through major upgrades like Pectra, the next hard fork expected in the first half of 2025. His exit raises immediate questions about the pace of development at the world’s second-largest blockchain.
People close to the matter say the split was mutual. Stanczak wanted to return full-time to Nethermind, the staking and infrastructure firm he co-founded, while the foundation seeks a leader who can stay in the role longer during this critical stretch. No single event triggered the move, sources insist.
Who Is Taking Over
Aue is no stranger to Ethereum insiders. From 2020 to 2023 he ran the grant program that handed out more than $100 million to teams building tools, clients, and research. Before that he worked at Parity Technologies and helped launch the original Ethereum bug bounty program.
His return signals the foundation wants continuity and deep community trust rather than another outsider. Hsiao-Wei Wang, who handles operations and finance, will keep her seat, giving the organization a mix of technical and administrative experience at the top.
What Led to This Moment
Stanczak arrived with big promises. The foundation hoped his track record scaling Nethermind would speed up client improvements and layer-2 coordination. Yet 2024 proved brutal for Ethereum’s roadmap.
Gas fees spiked again during meme-coin frenzies. The Dencun upgrade in March cut layer-2 costs but did little for mainnet users. Rival chains like Solana and new layer-1 networks grabbed market share while Ethereum’s price lagged behind bitcoin for most of the year.
Inside the foundation, tensions grew over resource splits between core protocol work and ecosystem grants. Some researchers felt client teams were stretched too thin.
| Key Ethereum Upgrades Timeline | Status | Original Target | Current Expectation |
|---|---|---|---|
| Dencun (EIP-4844) | Live | Q1 2024 | Delivered March 2024 |
| Pectra | In progress | Q4 2024 | Q2 2025 |
| Fusaka (Verkle trees) | Research | 2025-2026 | No firm date |
What It Means for Ethereum Holders
The leadership shake-up lands at a fragile time. ETH trades around $2,400 after failing to break $3,000 in the post-election rally that lifted bitcoin past $100,000. Staking participation sits at record highs, yet daily active addresses and transaction counts remain far below 2021 peaks.
Long-term bulls point out the foundation still holds roughly $1.1 billion in treasury assets and spends only about $100 million a year. Critics argue the organization has grown cautious and slow compared to faster-moving competitors.
Next Steps for the Network
Developers now pin their hopes on Pectra. The upgrade will raise the maximum blob count, increase staking limits, and make wallet recovery easier. Teams expect it to ship between April and June 2025 if testing stays on track.
Beyond that, work continues on peer-to-peer data availability layers and eventual stateless clients that could finally bring Visa-level throughput without relying only on rollups.
The foundation stressed in its blog post that day-to-day work will not slow down. All core teams report directly to the new leadership pair, and budget plans for 2025 remain unchanged.
For millions of ETH holders and thousands of builders, the real test will come in the next six months. Can the new team deliver upgrades fast enough to win back momentum, or will another cycle pass with Ethereum still playing catch-up?
The community that once prided itself on moving slow and not breaking things now faces a simple truth: in crypto, standing still feels a lot like falling behind. Many longtime supporters hope this quiet changing of the guard sparks the urgency Ethereum needs to reclaim its place at the front of the pack.

