r/subredditdrama would be trending ever day. Any controversial subreddit would be subject to astroturfing campaigns. Could you imagine if a political party decided to over throw mods of r/politics or r/news just before an election?

The whole point of a Reddit it is a community that is fostered by the moderators and the voting system. Hostile take overs of a subreddit will result in toxicity and encourage heavy handed moderation, restricted membership and make the popular subreddit echo chambers.

The CEO is changing too much, too fast, and with reckless abandon. You can't change your pricing model, your business model and your value prop in one go. The best analogy I can come up with that it's like he's remodeling the kitchen and decided that a wrecking ball through the front of the house is a good idea.