Algorand CEO Steven Kokinos has resigned to "pursue other interests" but will remain a senior advisor until May 2021. Long-time employee W. Sean Ford, previously chief operating officer at Algorand, will serve as the interim CEO.
<h2>Sean Ford to Replace Kokinos</h2>
Steven Kokinos joined Algorand in 2018 after founding the software development firm Fuze. At <a href="https://www.algorand.com/" target="_blank" rel="nofollow noopener">Algorand</a>, he was responsible for overseeing go-to-market execution and operations.
<blockquote><em>"It has been a pleasure serving as CEO of Algorand. As we move into this next phase, I am excited about the company's future and am confident that the team will keep things running smoothly,"</em> he said.</blockquote>
https://twitter.com/stevekokinos/status/1552306490047873025

He will now be succeeded by long-time employee W. Sean Ford, previously the chief operating officer. Ford was formerly in charge of product management, engineering, marketing, and community engagement.

Commenting on the development, Kokinos stated:
<blockquote><em>"I am honored to step in and partner with Silvio during this transition. Algorand has experienced monumental growth since its inception, and we look forward to our continued expansion as we take Algorand to the next level."</em></blockquote>
https://twitter.com/wsford/status/1552306127353823237

Algorand's Layer-1 blockchain is based on the work of Turing Award-winning cryptographer Silvio Micali and is unrivaled in its ability to bring fast, frictionless, and inclusive technology to all. As the technology of choice for 2000+ global organizations, Algorand is transforming the next generation of financial products, <a href="https://www.cryptoknowmics.com/news/advantages-of-decentralized-finance-protocols-creating-more-applications/" target="_blank" rel="noopener">protocols</a>, and exchange of value.

Algorand CEO Steps Down, Interim Replacement Revealed

Algorand CEO Steven Kokinos has resigned to "pursue other interests" but will remain a senior advisor until May 2021. He joined the company in 2018.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

Algorand CEO Steps Down, Interim Replacement Revealed

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