TechFlame reports that according to official information from Parity Technologies, Parity co-founder Gavin Wood announced that he will return to the CEO position in late August to replace Björn Wagner, who is leaving office. Gavinwood stepped down as CEO in 2022 to focus on agreement research and development, and said that now that the infrastructure is complete, the market is ready, and returning to the CEO position can drive the next stage of growth faster. During his three years in office, Björn led the team to continue to deliver and expand into new fields in a bear market, laying a solid foundation for Parity. Officials say the daily operation of the team and project remains unchanged, and the future will usher in a strategic upgrade.