Ellen Pao steps down as Reddit CEO

Ellen Pao steps down as Reddit CEO to the delight of 200,000 users who signed petition calling for her resignation after she fired popular site moderator

Reddit announced Friday that interim CEO Ellen Pao had resigned from the company and that co-founder Steve Huffman had been reinstated as CEO.
The news comes as the freewheeling online discussion forum and news site – which says it had 164 million unique visitors last month – has been rocked by unrest recently.
Most notably, the July 2 firing of a Reddit staffer who was popular with the volunteers that help the site function.
The employee, Victoria Taylor, helped run the site’s popular Ask Me Anything feature, where Reddit users submit questions to celebrities and other notable people. President Barack Obama, for example, has answered questions on that forum.
Some volunteer moderators protested her ouster by shutting down sections of the site, and a petition demanding that Pao be fire received over 200,000 signatures.
Even singer Lorde weighed in, tweeting; ‘idc who calls the shots at reddit, they should’ve known rule #1 in their pr handbook was always VICTORIA STAYS.’