Gavin Wood to Return as Parity CEO

According to Odaily Planet Daily, Parity Technologies co-founder Gavin Wood has announced that he will return to the CEO position in late August, replacing the departing Björn Wagner. Wood, who stepped down as CEO in 2022 to focus on protocol development, stated that now that the architectural foundation is complete and the market is ready, returning to the CEO role will accelerate the next phase of growth. During his three-year tenure, Björn led the team through continuous delivery and expansion into new areas during the bear market, laying a solid foundation for Parity. Officials stated that the team and project's day-to-day operations remain unchanged, with future strategic upgrades planned.