Technology

Sam Altman Reinstated on OpenAI Board Following WilmerHale Review

Published March 8, 2024

In a recent development at OpenAI, CEO Sam Altman has been reinstated as a member of the organisation's board of directors, according to a comprehensive report by The Information. This shift in governance marks the end of a period of uncertainty surrounding Altman's role within the company.

Regaining a Seat at the Table

Almost half a year prior, Sam Altman was temporarily relieved of his duties both as CEO and board member, which came as a surprise to many following the company. He quickly resumed his executive responsibilities as CEO after a two-week hiatus but did not immediately reclaim his seat on the board.

Comprehensive Legal Review

The reinstatement coincided with the conclusion of a comprehensive legal review by the firm WilmerHale, which delved into the circumstances that led to Altman's earlier dismissal. OpenAI has revealed that WilmerHale’s investigation granted the previous board substantial leeway in their decision to terminate Altman. However, it clarified that Altman's actions did not necessitate his permanent removal from the organization.

New Faces on the Board

Alongside Altman's return, OpenAI announced the appointment of three new board members. Among them are Sue Desmond-Hellmann, former head of the Bill and Melinda Gates Foundation; Nicole Seligman, a past president of Sony Entertainment; and Fidji Simo, currently leading Instacart as CEO. These additions promise to bring new perspectives and experience to the OpenAI board.

Fueling Innovation

OpenAI, recognized for its development of the innovative ChatGPT, has been a significant player in the field of artificial intelligence. The organization has secured substantial investments, notably from tech giant Microsoft, bolstering its position in the market and capacity for groundbreaking research and development in AI technology.

OpenAI, Altman, Board