ChainCatcher news, the HBAR Foundation announced that Charles Adkins will resign as the Chair of the Hedera Council to become the CEO of the HBAR Foundation, responsible for driving its launch of the Hedera Foundation in early 2025. Charles's decision to transition to the Foundation was formally supported by a vote from the Hedera Council.As Charles moves to the Foundation, the Hedera Council Board has appointed Tom Sylvester as the interim Chair, effective January 1, 2025. Tom joined Hedera in February 2018, initially serving as the Deputy General Counsel and later promoted to General Counsel in January 2022. As interim Chair, he will continue to serve as Hedera's General Counsel.

ChainCatcher news, according to official sources, Charles Adkins has been appointed as the CEO of the Hedera Foundation, effective January 1, 2025. Additionally, the Hedera Foundation will launch a new brand identity in early 2025.It is reported that Charles Adkins was previously the president of Hedera Hashgraph, LLC. Charles is an experienced leader with many years of work experience in the blockchain and cryptocurrency fields, having previously worked at Polygon Labs and Aptos.