OpenAI announces new board members, reinstates CEO Sam Altman

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Sam Altman, the CEO of OpenAI, has a seat at the table — or board, rather — once again.

OpenAI today announced that Altman will be rejoining the company’s board of directors several months after losing his seat and being forced out as OpenAI’s CEO.

Joining alongside him are three members, former CEO of the Bill and Melinda Gates Foundation Sue Desmond-Hellmann, former Sony Entertainment president Nicole Seligman and Instacard CEO Fidji Simo — bringing OpenAI’s board to seven people. The existing board — the board formed after Altman’s ouster in November — will remain in place, comprising Salesforce co-CEO Bret Taylor, Quora CEO Adam D’Angelo and Larry Summers, the economist and former Harvard president.

The appointment of the four new board members — and reappointment of Altman — comes after OpenAI received criticism for its board’s all-male makeup and the nomination of Summers, who has a history of making unflattering remarks about women. The Congressional Black Caucus flagged the board’s lack of diversity in a letter sent in January, noting the importance of the Black perspective in building tools to help mitigate AI bias.

OpenAI’s expanded board is certainly diverse — at least in terms of background.

Desmond-Hellmann — in addition to heading the Bill and Melinda Gates Foundation for six years — was previously chancellor of the University of California, San Francisco and before that president of product development at Genentech, where she helped to develop gene-targeted cancer drugs. Desmond-Hellmann is an oncologist by training, board-certified in both internal medicine and medical oncology,

Seligman, an attorney and corporate director, received national attention for her representation of Lieutenant Colonel Oliver North during the Iran–Contra hearings and President Bill Clinton during his impeachment trial. Seligman was Sony’s VC and general counsel before rising through the ranks to CEO of Sony Corporation and president of Sony Corporation of America.

As for Fidji Simo, before becoming CEO of Instacart, she was head of the Facebook app at Facebook and VP of video, games and monetization. Simo also co-founded — and is currently president of — The Metrodora Foundation, a health clinic and research institute.

“Sue, Fidji and Nicole have experience in leading global organizations and navigating complex regulatory environments, including backgrounds in technology, nonprofit and board governance,” OpenAI wrote in a blog post. “They will work closely with current board members Adam D’Angelo, Larry Summers and Bret Taylor as well as Sam and OpenAI’s senior management.”

Altman’s reinstatement follows an investigation by the law firm WilmerHale, retained by OpenAI, that concluded that Altman’s ouster was a “consequence of a breakdown in the relationship and loss of trust” between Altman and the prior board (per the Associated Press). During the probe, OpenAI said — speaking to the Associated Press — that WilmerHale conducted dozens of interviews with the company’s prior board, current executives, advisers and other witnesses and reviewed thousands of documents and other corporate actions.

Not all at OpenAI would likely agree.

New York Times reporting earlier this week paints a picture of a manipulative Altman, a leader who often told people what they wanted to hear to charm them and support his decisions but who’d undermine their credibility if they challenged him. Both OpenAI CTO Mira Murati and Ilya Sutskever, a former board member and OpenAI’s chief scientist, approached members of OpenAI’s old board to express concerns about Altman prior to his ouster, according to The Times.

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OpenAI announces new board members, reinstates CEO Sam Altman

Sam Altman, the CEO of OpenAI, has a seat at the table — or board, rather — once again.

OpenAI today announced that Altman will be rejoining the company’s board of directors several months after losing his seat and being forced out as OpenAI’s CEO.

Joining alongside him are three members, former CEO of the Bill and Melinda Gates Foundation Sue Desmond-Hellmann, former Sony Entertainment president Nicole Seligman and Instacard CEO Fidji Simo — bringing OpenAI’s board to seven people. The existing board — the board formed after Altman’s ouster in November — will remain in place, comprising Salesforce co-CEO Bret Taylor, Quora CEO Adam D’Angelo and Larry Summers, the economist and former Harvard president.

The appointment of the four new board members — and reappointment of Altman — comes after OpenAI received criticism for its board’s all-male makeup and the nomination of Summers, who has a history of making unflattering remarks about women. The Congressional Black Caucus flagged the board’s lack of diversity in a letter sent in January, noting the importance of the Black perspective in building tools to help mitigate AI bias.

OpenAI’s expanded board is certainly diverse — at least in terms of background.

Desmond-Hellmann — in addition to heading the Bill and Melinda Gates Foundation for six years — was previously chancellor of the University of California, San Francisco and before that president of product development at Genentech, where she helped to develop gene-targeted cancer drugs. Desmond-Hellmann is an oncologist by training, board-certified in both internal medicine and medical oncology,

Seligman, an attorney and corporate director, received national attention for her representation of Lieutenant Colonel Oliver North during the Iran–Contra hearings and President Bill Clinton during his impeachment trial. Seligman was Sony’s VC and general counsel before rising through the ranks to CEO of Sony Corporation and president of Sony Corporation of America.

As for Fidji Simo, before becoming CEO of Instacart, she was head of the Facebook app at Facebook and VP of video, games and monetization. Simo also co-founded — and is currently president of — The Metrodora Foundation, a health clinic and research institute.

“Sue, Fidji and Nicole have experience in leading global organizations and navigating complex regulatory environments, including backgrounds in technology, nonprofit and board governance,” OpenAI wrote in a blog post. “They will work closely with current board members Adam D’Angelo, Larry Summers and Bret Taylor as well as Sam and OpenAI’s senior management.”

Altman’s reinstatement follows an investigation by the law firm WilmerHale, retained by OpenAI, that concluded that Altman’s ouster was a “consequence of a breakdown in the relationship and loss of trust” between Altman and the prior board (per the Associated Press). During the probe, OpenAI said — speaking to the Associated Press — that WilmerHale conducted dozens of interviews with the company’s prior board, current executives, advisers and other witnesses and reviewed thousands of documents and other corporate actions.

Not all at OpenAI would likely agree.

New York Times reporting earlier this week paints a picture of a manipulative Altman, a leader who often told people what they wanted to hear to charm them and support his decisions but who’d undermine their credibility if they challenged him. Both OpenAI CTO Mira Murati and Ilya Sutskever, a former board member and OpenAI’s chief scientist, approached members of OpenAI’s old board to express concerns about Altman prior to his ouster, according to The Times.

Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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