Over the past week Reditt users have formed blockout protests over the firing of long-time employee Victoria Taylor. Now, after issuing an apology earlier this week, Reddit CEO Ellen Pao has resigned.
To be clear, Pao who was only serving as the interim CEO of the company, but now she is leaving Reditt as the CEO. As of right now, Reddit co-founder Steve Huffman is taking over as CEO of the company. This change will be effective immediately.
Lead Reddit investor Sam Altman has announced Pao’s resignation on post stating, “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.”
Altman went on to say that, “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.”
To the Mods Altman stated, “you are what makes reddit great. The reddit team, now with Steve, wants to do more for you. You deserve better moderation tools and better communication from the admins.”
As to the redditors themselves Altman simply stated, “you deserve clarity about what the content policy of reddit is going to be. The team will create guidelines to both preserve the integrity of reddit and to maintain reddit as the place where the most open and honest conversations with the entire world can happen.”