Pao resigns, Huffman replaces as CEO
Pao resigns from Reddit (statement). She will be replaced by Huffman, but will remain as an adviser to Reddit’s board for the remainder of 2015.
It became clear that the board and I had a different view on the ability of Reddit to grow this year. Because of that, it made sense to bring someone in that shared the same view.
I just want to remind everyone that I am just another human; I have a family, and I have feelings. Everyone attacked on reddit is just another person like you and me. When people make something up to attack me or someone else, it spreads, and we eventually will see it. And we will feel bad, not just about what was said. Also because it undercuts the authenticity of reddit and shakes our faith in humanity.
Reddit board member, Altman:
Ellen has done a phenomenal job, especially in the last few months.
She’s probably amassed a small fortune to hold her over.
She seems to create havoc wherever she goes.
What other option did they have, she seems to have been completely useless.
Yay, so they finally got a man in charge, that’s what those ‘progressive trendies at Reddit really wanted. soooo cool.