On March 1, the Ethereum Foundation announced the appointment of Hsiao-Wei Wang and Tomasz Stańczak as joint executive directors to continue supporting the ever-evolving Ethereum ecosystem. The Ethereum Foundation stated that under the leadership of Hsiao-Wei and Tomasz, it will ensure that Ethereum and its ecosystem can develop while ensuring that this growth promotes core values inherent in Ethereum such as open source, permissionless global collaboration, privacy, and security.