OpenAI’s board of directors has publicly supported their decision to remove former CEO Sama Altman from the company, stating in a memo that his behavior and lack of transparency had undermined management’s ability to effectively oversee the company. The board has appointed Emmett Shear, a former executive at Twitch, as interim CEO, expressing their confidence in his ability to lead OpenAI forward. The memo also emphasized the importance of honesty and transparency between executives and the board of directors.
The reasons for Altman’s departure were not specified in the memo, but it was reported by the NYtimes that investors, including Microsoft, were taken by surprise by his departure. Microsoft, a major investor in OpenAI, was only informed of Altman’s termination a minute before it was publicly announced. The board members signed the memo, affirming their support for the decision.
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