[Algorand Foundation Appoints Former Chainlink Executive William Herkelrath as CEO] According to CoinDesk, the Algorand Foundation has appointed former Chainlink and Curv executive William Herkelrath as CEO, effective August 31, succeeding Staci Warden, who served for nearly five years. Herkelrath will focus on driving institutional business expansion and quantum-resistant security technology. Recently, Herkelrath co-founded the AI automation platform K3 Labs and previously held leadership roles at Chainlink and Curv. On the council side, Herkelrath and Nexus Labs Chief Strategy Officer Alex Fowler have joined, while Rebecca Rettig and Michael Mosier have stepped down.