Mastodon CEO steps down as the social network restructures

Mastodon, a decentralized social network, is undergoing a significant restructuring with its founder, Eugen Rochko, stepping down as CEO. Felix Hlatky will take over as Executive Director, and the organization will transition to a nonprofit governed by a board, including Twitter co-founder Biz Stone. This change aims to ensure Mastodon's longevity and independence from a single leader, allowing for potential expansion and new funding opportunities. Rochko, who has been with Mastodon for ten years, cites burnout as a reason for his departure and will continue as an advisor. The restructuring also includes new leadership roles and a focus on financial sustainability and interoperability with other decentralized networks.