After my sabbatical, I have decided to step down as co-executive director and board member of the Ethereum Foundation (@ethereumfndn), effective today. That time gave me space to reflect on my priorities and the kind of life I want to build next. During my break, Bastian (@aerugoettinea) guided the transition with care and thoughtfulness, and I appreciate the work he and many others have put into that process. Over time, I've come to feel that this is the right moment for me to step back. Serving as EF co-executive director let me see the bigger picture of how the Ethereum community collaborates. I'm proud of what we've accomplished, not only at the EF, but across the builders, researchers, educators, node operators, validators, users, and many other contributors who have helped build, maintain, secure, and use the infrastructure and applications on top of it. What I will remember most is the people behind the work. We come from different places, speak different languages, and build different things. But the purpose that brought so many of us here remains the same: building a world that no one can shut down, making systems more open, resilient, and more access to anyone, anywhere. Ethereum has always been bigger than any one role, any one organization, or any one moment. Its strength comes from those who keep building permissionless infrastructure across the ecosystem to unlock freedoms that didn't exist before. To everyone at the EF and across the Ethereum community who made this journey meaningful, memorable, and often unexpectedly fun: thank you. I'm grateful for the dedication, integrity, and care so many people have brought to this work. I'm still working out what comes next, though I expect to spend more time closer to home. I remain a proud member of this community, whether contributing from inside the EF or beyond it. What we've built was handed to us by those who came before, and it is ours to carry forward. I'm grateful to have been one runner among many, and I'll continue to cheer for what comes next. Thank you, all of you. Hsiao-Wei Wang