Alexis Ohanian resigns, urges Reddit to replace him with a black candidate

Ohanian also committed to using future gains from his Reddit stock to serve the black community and focus on curbing racial hate.
/ Source: CNBC

Reddit co-founder Alexis Ohanian on Friday announced his resignation from the company’s board, saying he was stepping down and urging the company to replace him with a black candidate.

“I’m writing this as a father who needs to be able to answer his black daughter when she asks: ‘What did you do?’” Ohanian wrote in a blog post.

Alexis Ohanian holds daughter Alexis Olympia Ohanian Jr. at the women's singles match between Serena Williams and Katie Boulter at the 2019 Hopman Cup on Jan. 3, 2019 in Perth, Australia.Paul Kane / Getty Images

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Ohanian, who is married to professional tennis player Serena Williams, also committed to using future gains from his Reddit stock to serve the black community and focus on curbing racial hate. To start, Ohanian said he would donate $1 million to former NFL player and activist Colin Kaepernick’s Know Your Rights Camp.

“I believe resignation can actually be an act of leadership from people in power right now. To everyone fighting to fix our broken nation: do not stop,” Ohanian said.

Ohanian co-founded Reddit in 2005. After selling the company to Conde Nast in 2006, Ohanian and co-founder Steve Huffman returned to the company full time in 2015. Ohanian stepped back from a day-to-day role in 2018 while continuing to serve on the board.

This story originally appeared on CNBC.