Bluesky CEO Jay Graber steps down

Bluesky CEO Jay Graber is stepping down and transitioning to a new Chief Innovation Officer role. Toni Schneider, former CEO of Automattic and partner at True Ventures, will serve as interim CEO while the board searches for a permanent replacement. Graber cited the need for a 'seasoned operator focused on scaling and execution' as the company matures past 43 million users. Schneider's background commercializing WordPress's open source technology is seen as relevant to Bluesky's challenge of balancing its open AT Protocol with commercial sustainability.