Mastodon CEO steps down as the social network restructures
5 days ago
- #Leadership
- #Mastodon
- #Non-profit
- Eugen Rochko steps down as CEO of Mastodon as part of its transition to a non-profit structure.
- Mastodon will now be governed by a board of directors, including Twitter co-founder Biz Stone and others.
- Rochko will continue as an advisor and received a one-time payment of €1 million for his past contributions.
- New leadership includes roles like Technical Director, Head of Communications, and Strategy & Product Advisor.
- Rochko cited burnout and the need for a more balanced life as reasons for stepping down.
- Mastodon aims to expand its business and mission without relying on a single leader.
- The organization is transitioning to a non-profit in Belgium to replace its German entity.
- Mastodon raised funds from notable figures like Jeff Atwood, Biz Stone, and Craig Newmark.
- The platform focuses on being 'billionaire-proof' and not controlled by wealthy individuals.
- Monthly active users on Mastodon dropped to under 1 million after a spike post-Elon Musk's Twitter acquisition.