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this post was submitted on 18 Jan 2025
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Point of order: not the CEO, a board member. Doesn't change a ton but worth noting.
Proton AG is kinda complicated.
So its majority shareholder is the Proton Foundation, a non-profit. Andy Yen is one of five members of the Proton Foundation. But Proton AG is still a for-profit corporation, and it still has a CEO. Andy Yen is the CEO of Proton AG.
Basically:
Proton AG (owns every Proton service) = For Profit
It's Shareholders are:
And within the Proton Foundation, is the five members of the board of trustees, one of them is Andy Yen. And its apparant that the board of the Proton Foundation has appointed one of its members, Andy Yen, as the CEO of Proton AG.
This actually confusing for me as well, but the TLDR is, Andy Yen is both a member of the board at Proton Foundation, and simultaneously the CEO of Proton AG.