The CEO of the company is stepping down. Hasan says in a post that Sean Leow will be the interim CEO and that the search for a permanent replacement is already underway.

In an interview with Fast Company, Hasan says personal reflections and a desire to spend more time with his family were the reasons he left the project after three years.

Hasan writes that he is proud of the work they have done together.

The company raised $6 billion in pledges by 20 million backers under his leadership.

Hasan's announcement comes a few months after the company announced it would move to the blockchain. The company was forced to issue a follow-up statement saying it would slow down the roll out and address concerns from creators and backers.

Just months after Hasan was named CEO of the company, it was criticized for its refusal to recognize the employee union. One of the first tech unions in the US was formed after workers voted to unionize. The company lost 40 percent of its workforce to layoffs and buyouts as it grappled with a steep drop in new projects early in the epidemic.

As the Board of Directors looks for a new CEO, Hasan will remain as an advisor. His last day will be April 4th.