Kickstarter CEO Perry Chen issued an open letter on the site’s blog today, noting that he will be stepping down from his role. The executive served as one of three cofounders for the service, launching the site in 2009, with Yancey Strickler and Charles Adler. He served as CEO for Kickstarter’s first five years and returned to the role two years back.

He notes in his post that he will stay on board with the service as chairman of the board, focusing “on high-level and long-term company needs.” Kickstarter will be promoting its Head of Design and Product Aziz Hasan as interim CEO, as Chen steps away from day to day operations.

“When I returned as CEO in 2017, I initially intended to spend about

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