Second Life founder Philip Rosedale is leaving his role as "interim" CEO, he just announced, a position he held for four months after replacing Mark Kingdon and 30% of the staff was laid off. (As it happens, Philip first announced the end of day-to-day involvement in Linden Lab almost exactly a year ago.) After helping find a replacement CEO, Philip says he'll return to running LoveMachine Inc., his new startup, which develops a democratic management system he and Cory Ondrejka originally built for Linden. (It's used by Digg and a few other Internet startups.)
Now that I'm consulting for Avatar Reality's Blue Mars, I'll refrain from commenting directly, though I will say it's likely that most SL community members will be surprised by this announcement. Please feel free to discuss further in Comments!
Photo from a post on another LoveMachine Inc. project, building a self-aware AI in Second Life.