Very brief answers:

1. The main change is the addition of two moderators to make the work load easier on the existing moderation team.

2. No.

3. Two new moderators will be elected.

4. Yes, see above.

5. Yes, the current load is more than the current crew is comfortable handling: They are the ones that requested the election.

For a bit more general information, see [the chat transcript linked by Qmechanic in the comments](https://chat.stackexchange.com/transcript/message/32331390#32331390). This is all that's known, for now.