Reddit CEO Steve Huffman tells NBC News that he plans to institute rules changes that would allow Reddit users to vote out moderators who have overseen the protest. https://www.nbcnews.com/tech/tech-news/reddit-protest-blackout-ceo-steve-huffman-moderators-rcna89544
Reddit CEO slams protesters, says he'll change moderator rules

Steve Huffman, the Reddit CEO, said in an interview that a user protest on the site this week does not have wide support and is led by a minority of moderators.

NBC News

From what I've seen, the accompanying API access for money rule a) isn't enforced strictly yet and b) this gave 3rd party app developers the chance to crowdfund - in some cases very successfully.

So while the CEO entblödes himself there are some good effects, but totally not as intended by him.