https://techcrunch.com/2020/06/10/reddit-names-ycs-michael-seibel-to-board-following-co-founder-alexis-ohanians-exit/

On June 5, Alexis Ohanian announced he was stepping down from Reddit’s board of directors. “I believe resignation can actually be an act of leadership from people in power right now,” the site’s founder and former CEO announced. “To everyone fighting to fix our broken nation: do not stop.”

The move came as communities across the United States marched for social justice in the wake of the killing of George Floyd by Minneapolis police. In his letter, Ohanian asked Reddit to replace his role with a black board member. Today, the site announced the appointment of Y Combinator CEO, Michael Seibel. The executive became Y Combinator’s first black partner in 2014, before ascending to chief executive. Today he becomes Reddit’s new board member.