Algorand has named a new interim CEO following the departure of former CEO Steven Kokinos.
Previous chief operating officer and long-time employee W. Sean Ford will succeed Kokinos, who will remain as a senior advisor until mid-2023.
In his previous role, Ford looked after product management, engineering, marketing and global community development.
Algorand founder Silvio Micali said that Ford was well positioned to partner with Kokinos in order to keep company operations running smoothly.
The Algorand blockchain uses proof of stake and aims to tackle the ‘blockchain trilemma’ of security, scalability and decentralization.
The Algorand company is separate from the Algorand Foundation, which is set up to support the growth of the surrounding community.