OpenAI’s board of directors has announced their decision to remove former CEO Sama Altmana in an internal memo sent to company staff. The new interim CEO will be Emmett Shear, a former executive at Twitch. The board expressed confidence in Shear’s ability to lead the company and stated that they stand by their decision to oust Altman. In a statement, the board emphasized the importance of honesty and transparency between executives and the board of directors.
The reasons for Altman’s dismissal were not specified in the memo, but it was reported that his behavior and lack of transparency had undermined management’s ability to effectively oversee the company. Microsoft, a major investor in OpenAI, was taken by surprise by Altman’s departure as they were only informed a minute before it was publicly announced.
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