Mo Shaikh, co-founder and Aptos Labs CEO, has announced his resignation from the company. Shaikh will step down as CEO but will continue as a strategic advisor. He will stay involved with the blockchain platform during its transition to new leadership and its next phase of growth.
Aptos Labs CEO Mo Shaikh Steps Down, Co-Founder Avery Ching Takes Over
In a lengthy post on X, Aptos Labs CEO Mo Shaikh shared that he is stepping down from his role as CEO, with co-founder Avery Ching taking over. Shaikh co-founded Aptos Labs with Ching three years ago, building a robust blockchain ecosystem centered around the Move programming language.
Shaikh expressed pride in Aptos’ accomplishments, including raising $400 million in venture capital and creating a globally trusted platform for over 1,000 developers and innovators. He emphasized his confidence in Ching’s leadership, stating that Ching is well-positioned to guide Aptos through its next stage of growth.
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Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
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