Sam Altman to return as OpenAI CEO after controversial firing

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A new board of directors is currently being formed

Sam Altman will return to the post of CEO of OpenAI after a coup attempt and his removal from this position a few days ago. Former President Greg Brockman, who resigned in protest of Altman’s ouster, will also return.

The company said it has an “agreement in principle” to bring back Altman along with a new board of directors consisting of Bret Taylor, Larry Summers and Adam D’Angelo. D’Angelo was on the old board of directors that fired Altman on Friday.

OpenAI
OpenAI

Sam Altman to return as OpenAI CEO after controversial firing

All key parties confirmed that they had reached an agreement. Altman said that “everything I have done over the past few days has been aimed at maintaining the unity of this team and its mission.”

One of OpenAI’s other major investors, Thrive Capital, called Altman’s return “the best thing for the company, its employees, those who use its technology, and the world at large.”

“OpenAI has the potential to become one of the most influential companies in the history of computing,” said Thrive partner Kelly Sims. “Sam and Greg are deeply committed to company integrity and have an unmatched ability to inspire and lead. We are thrilled that they will be returning to the company they founded and helped build into what it is today.”

It was previously reported that 96% of OpenAI employees signed a letter saying they could leave and join Sam Altman at Microsoft unless the startup’s board resigns and brings back the ousted CEO along with co-founder and former president Greg Brockman.

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