I’d say it’s not uncommon for founders to take a step back for a number of reasons when they reach certain sizes and need different skill sets to change up a gear.
Not on the same scale but both monzo and brewdog have had ceo’s step down, brewdog very recently and there are always a number of factors.
For someone who’s seen the company grow literally from an idea to billions in AUM, 8 years and countless stresses in that time take their toll, and he still has his shares and is a board member. Those are good signs to me even if it does look like a more sudden step down than normal from the outside.
My two pence obviously