Why Bluesky’s CEO is stepping down at a critical moment for the platform

Blue skies ahead?

Jay Graber, the CEO of social media network Bluesky, announced that she’s stepping down on Monday. Graber is “transitioning from CEO to a new role as Bluesky’s chief innovation officer,” she wrote in a Bluesky post, and will be succeeded by interim CEO Toni Schneider.

Schneider, a venture capitalist and partner at True Ventures, posted: “I am thrilled to announce that I’ll be joining Bluesky as interim CEO. I deeply believe in what this team has built and...