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Review Complete: Altman and Brockman Retain OpenAI Leadership

·2024.03.08 17:00

Key point

Following its review, OpenAI expressed confidence in the leadership of Sam Altman and Greg Brockman, and announced a board reorganization and strengthened governance.

Details

According to a review by law firm WilmerHale, the OpenAI board expressed full confidence in the leadership of Sam Altman and Greg Brockman. The review was conducted to investigate the executive removal incident that occurred last November, involving the examination of more than 30,000 documents and dozens of interviews.

Sam Altman will rejoin the OpenAI board as CEO, and three new directors have been appointed to support the organization's stability and expansion. The new directors are as follows.

  • Dr. Sue Desmond-Hellmann (former CEO of the Bill & Melinda Gates Foundation)
  • Nicole Seligman (former EVP and Global General Counsel of Sony)
  • Fidji Simo (CEO of Instacart)

In addition, OpenAI has adopted new corporate governance guidelines to strengthen its governance structure, introducing measures such as strengthened conflict-of-interest policies, a whistleblower hotline, and a new Mission & Strategy committee to oversee the execution of its core mission.

WilmerHale concluded that the incident was not due to concerns about product safety, security, pace of development, or financial issues, but rather stemmed from a breakdown of trust between the previous board and Altman.

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