Sam Altman returns as CEO of OpenAI, new chairman of the board: Improving governance structure, initiating independent review

On November 29, 2023, OpenAI reached a new milestone as Sam Altman announced his return as CEO, and the company unveiled a new initial board of directors. This significant change not only injects new energy into the pioneering artificial intelligence company but also sets the tone for its future development direction.

OpenAI Board Restructuring, Senior Leadership Returns

In this significant leadership change, Sam Altman is returning to the CEO position, and Mira Murati will also resume her role as Chief Technology Officer (CTO). The new initial board will include Bret Taylor as the board chairman, Larry Summers, and Adam D’Angelo.

Illustration of OpenAI company structure: Does Sam Altman have no shares with the board? Why can Microsoft only watch from the sidelines?

Sam Altman's Future Direction and Commitment

In the announcement, Sam Altman expressed great excitement for the future and deep gratitude to the team members.

He emphasized the resilience and spirit shown by the team in the face of uncertainty and unprecedented circumstances, thanking all those who have contributed to the company's development. He particularly thanked Ilya, who is no longer a board member but can still continue to collaborate with OpenAI.

Strengthening Corporate Governance and Social Responsibility

As the board chairman, Bret Taylor expressed the board's gratitude to the OpenAI community, especially for the efforts of all employees in the past week to find the company's development path. The board plans to establish a diverse and qualified board that will represent the breadth of OpenAI's mission, from technology to security to policy.

Furthermore, the board will focus on enhancing the company's governance structure so that all stakeholders, including users, customers, employees, partners, and community members, can trust OpenAI.