Sam Altman, the recently ousted CEO and cofounder of OpenAI, is set to return to his position following days of turmoil within the company. This decision comes after intense negotiations and widespread unrest among OpenAI staff, who protested his removal. The reinstatement involves the appointment of a new initial board of directors and marks a significant reversal in the company’s recent governance crisis.
- CEO Reinstatement: OpenAI has agreed, in principle, for Sam Altman to return as CEO after his recent dismissal, which had caused significant unrest within the company.
- New Board of Directors: A new “initial” board will be appointed, including prominent figures like Bret Taylor and Larry Summers, to oversee the company’s governance.
- Staff Unrest and Protest: Altman’s removal led to widespread staff dissatisfaction, culminating in a majority of employees signing a letter threatening to quit in protest.
- Unclear Reasons for Dismissal: The reasons behind Altman’s initial dismissal remain speculative, with the board citing a lack of candor in communications but providing no public evidence.
- Future Governance Structure: The initial board plans to appoint a new board of up to nine people, aiming to reshape OpenAI’s corporate governance in alignment with its mission.