Uri Kolodny, the CEO and co-founder of StarkWare, an Ethereum scaling solution, announced his resignation due to serious health issues within his family.

In a heartfelt statement, Kolodny expressed the difficulty of his decision to leave the CEO position, a role that required him to temporarily take leave a year ago. Despite the break, the challenges at home necessitate his undivided attention, he wrote. Kolodny co-founded StarkWare in 2008 with Eli Ben-Sasson. 

Kolodny will continue to contribute to the company's vision and growth as a board member of both StarkWare and the Starknet Foundation.

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Ben-Sasson, StarkWare’s President and the co-inventor of STARKs technology, will succeed Kolodny as CEO. Kolodny has commended Ben-Sasson for his numerous skills and accomplishments, positioning him to guide StarkWare towards continued success.

Kolodny said the two have shared a close friendship for 35 years, strengthening their partnership through their collaborative work at StarkWare.

In his response, Ben-Sasson expressed both gratitude for Kolodny's achievements and sadness over the circumstances of his departure.

He recognized Kolodny's transformative role in evolving an academic concept into a pioneering force in blockchain technology.

StarkWare, valued at $8 billion, has been instrumental in the blockchain ecosystem's growth, developing STARK-based technology for scalable and private blockchain applications.

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