I agree with a lot of the posts that say Derek/Higher admins are part of the problem. AFAIK Derek is an editor for the Anandtech site; putting someone like that in charge of a popular forum is a recipe for disaster. He simply doesn't have the experience necessary to make/keep the forum successful (No updates, changing what was already working, etc), especially with all the changes he implemented. They should have hired someone in know of how forums work.
I mean seriously, voting for every single mod? That's possibly the worst idea ever, it just ends up being a huge popularity contest; mods should be upstanding citizens of the forum hand picked by the other mods who consistently see their contributions. I doubt you will ever find another forum on the internet that's literally "vote and whoever wins gets mod privileges", with pseudo campaigns and all, ridiculous (In either case, I do respect a lot of the mods here, and think a lot of them do a great job, of course I do think the opposite as well IE "Mods can post as regular members and therefore be piece of shit human beings if they so chose" Mods should be upstanding in their "normal" posting form as well is what I'm trying to say).