After leading the NEAR Foundation for two years, Marieke Flament has decided to step down as the CEO of the organization that supports the NEAR protocol (NEAR).
She will be replaced by Chris Donovan, who has been serving as the foundation’s general counsel, as announced in a blog post on Thursday.
Flament will continue to advise Donovan strategically until the end of the year, and will also remain on the foundation’s council board.
The NEAR protocol is one of the top blockchain ecosystems in terms of total value locked (TVL), which indicates how much money is invested in it. According to DefiLlama, it ranks 34th in this metric.