[GMX Labs to Publicly Recruit CEO, Total Annual Compensation Up to Approximately $700,000] On March 21, GMX Labs released a proposal for leadership structure upgrades, which was approved through DAO governance voting with 96.42% in favor. The proposal plans to publicly recruit a CEO, with candidates considered from the DeFi, CeFi, traditional finance, and tech industries. The goal is to complete recruitment and onboarding by April 2026 and finalize organizational restructuring by June. The CEO's base salary will range from $150,000 to $200,000 per year, paid in stablecoins, with performance incentives tied to GMX tokens. The annual token compensation cap is set at 75,000 GMX, bringing the total annual compensation to a maximum of approximately $700,000. During the transition period, an interim leadership committee consisting of X, Coin, B, and Kal will oversee operations and the CEO search process.