Polygon's Sandeep Nailwal Takes Over as Foundation CEO Amid Strategic Shakeup

Polygon co-founder Sandeep Nailwal has officially assumed the role of CEO of the Polygon Foundation, marking a pivot in the organization’s leadership makeup and a sweeping overhaul of the network's longterm roadmap.Nailwal, who launched the project in 2017 when it was still called Matic Network, will consolidate control and reorient the team toward AggLayer — Polygon’s new cross-chain liquidity protocol that promises seamless interoperability across networks."This renewed control marks the beginning of a strategic push for Polygon to reclaim its position at the forefront of Web3," the team wrote in a press release shared with CoinDeskAs chief executive, Nailwal will steer long-term planning, guide key ecosystem initiatives, and ensure that the foundation — which oversees Polygon Labs and other affiliated entities — delivers “exponential growth, increased focus and greater value to POL stakers,” according to the foundation.In its early days, Polygon’s proof-of-stake sidechain marketed itself as a low-cost, fast alternative to Ethereum, providing users with access to decentralized apps without the burden of high gas fees source: https://www.coindesk.com/tech/2025/06/11/polygons-sandeep-nailwal-takes-over-as-foundation-ceo-amid-strategic-shakeup