Ellen Pao resigns from reddit after tumultuous time as CEO
Yesterday, the saga of Ellen Pao took a somewhat unexpected turn as the executive resigned as CEO of reddit.
She is being replaced by reddit's founder Steve Huffman, who was also the company's original CEO.
Pao was heavily criticized in her 9 months as interim CEO for reddit, with users calling for her resignation for some time. All hell broke loose earlier this month when a popular staff member was let go, and moderators shut down some of the most popular areas of reddit. A change.org petition for Pao to resign saw over 200,000 signatures.
Here is the full statement from Reddit:
Ellen Pao resigned from reddit today by mutual agreement. I'm delighted to announce that Steve Huffman, founder and the original reddit CEO, is returning as CEO.
We are thankful for Ellen's many contributions to reddit and the technology industry generally. She brought focus to chaos, recruited a world-class team of executives, and drove growth. She brought a face to reddit that changed perceptions, and is a pioneer for women in the tech industry. She will remain as an advisor to the board through the end of 2015. I look forward to seeing the great things she does beyond that.
We're very happy to have Steve back. Product and community are the two legs of reddit, and the board was very focused on finding a candidate who excels at both (truthfully, community is harder), which Steve does. He has the added bonus of being a founder with ten years of reddit history in his head. Steve is rejoining Alexis, who will work alongside Steve with the new title of "cofounder".

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