Published 9 days ago • loading... • Updated 8 days ago

Mastodon CEO Steps Down with €1M Payout and a Deep Sigh

On Tuesday, Eugen Rochko resigned as Mastodon CEO and transferred his ownership of the trademark and other assets to the Mastodon nonprofit, remaining involved in an advisory role.
Amid concerns about control by a single wealthy individual, Rochko said he was stepping back because of burnout and the need for guardrails, announced earlier this year.
The new board will govern Mastodon and names Felix Hlatky as Executive Director, with Biz Stone, Karien Bezuidenhout, Esra'a Al Shafei, and Hannah Aubry, while Renaud Chaput, Andy Piper, and Philip Schröpel join the leadership team.
Funding-first: EUR 2.2 million from Jeff Atwood and the Atwood family has financed hires in engineering, marketing, operations, and product as Mastodon operates under a U.S. 501 nonprofit while planning a Belgian AISBL.
Looking at scale: Mastodon has 10 million registered users but under 1 million monthly actives, and the restructure aims to boost sustainability with hosting and moderation services and expand beyond 10 full-time employees.

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13 Articles

The Register

Center

Mastodon CEO steps down with €1M payout and a deep sigh

: Burnout and slowing growth push Eugen Rochko into an advisory role after nearly a decade in charge

8 days ago

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PC Mag

Lean Left

Mastodon CEO Steps Down, Warns of Toxic 'Founder Egos'

The move has been in the works since January, but Eugen Rochko says he's seen too many CEOs sabotage 'thriving communities' and doesn't want to do the same to Mastodon.

8 days ago·United States

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Deutschlandfunk

Center

Short News Service - "Mastodon" Founder Eugen Rochko Resigns as Head of the German Alternative to Twitter/x

The German founder and head of the short news service Mastodon, Eugen Rochko, has announced his withdrawal.

8 days ago·Germany

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Engadget

Lean Left

Mastodon's founder is no longer its CEO

The move was first announced in January.

8 days ago·United States

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TechCrunch

Center

Mastodon CEO steps down as the social network restructures

Eugen Rochko is stepping down as CEO of decentralized social network Mastodon. Felix Hlatky will now become the Executive Director as the company become structured as a nonprofit government by a board.

9 days ago·United States

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technewstube.com

Mastodon CEO steps down with €1M payout and a deep sigh

Burnout and slowing growth push Eugen Rochko into an advisory role after nearly a decade in charge Eugen Rochko, CEO and founder of decentralized social network Mastodon, is stepping down after nearly a decade at the helm and walking away with a sizable exit payment. . . .

8 days ago

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