AI startup says Altman was ‘not consistently candid in his communications with the board.’
Microsoft-backed Open AI said on Friday that its board of directors decided on the “leadership transition” after losing confidence in Altman’s ability to lead the company.
“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities,” the company said in a statement on its blog.
The board of directors said they were grateful for Altman’s contributions but had decided that “new leadership is necessary as we move forward.”
The company or its board did not elaborate on the reason for Altman’s departure.
Chief Technology Officer Mira Murati was appointed interim CEO while a more permanent replacement is found to lead the $90bn company.
Altman represented the company just this week in a panel discussion at the Asia-Pacific Economic Cooperation Forum in San Francisco.
Altman made a brief statement about his departure on X, formerly Twitter, saying he “loved working with such talented people” and that leading the company had been “transformative to me personally.”
i loved my time at openai. it was transformative for me personally, and hopefully the world a little bit. most of all i loved working with such talented people.
will have more to say about what’s next later.
🫡
— Sam Altman (@sama) November 17, 2023
Altman’s surprise departure prompted a flurry of reactions across the tech sector.
Former Google CEO Eric Shmidt on X described Altman as a “hero” who had “changed our collective world forever.”
Open AI president Greg Brockman, who co-founded the start-up with Altman and Elon Musk, announced shortly after the news broke that he would also be leaving the company.
“We’ve been through tough and great times together, accomplishing much despite the reasons it should have been impossible, but based on today’s news I quit,” he said on X.
After learning today’s news, this is the message I sent to the OpenAI team: https://t.co/NMnG16yFmm pic.twitter.com/8x39P0ejOM
— Greg Brockman (@gdb) November 18, 2023