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OpenAI Negotiations to Reinstate Altman Snag Over Board Role

Nov 20, 2023 - news.bensbites.co
A group of OpenAI executives and investors are attempting to reinstate Sam Altman as CEO, but disagreements over the board's composition and role have stalled negotiations. Altman, who was dismissed last Friday, is willing to return provided there are governance changes, including the removal of current board members. He is also seeking a statement clearing him of any misconduct.

Despite initial agreement to step down amid backlash over Altman's dismissal, the board members have yet to officially resign. They are currently in the process of vetting candidates for new directors. The situation remains fluid with ongoing discussions, and a resolution could be reached soon.

Key takeaways:

  • A group of OpenAI executives and investors are attempting to reinstate Sam Altman as CEO, but have reached a deadlock over the board's composition and role.
  • Altman, who was fired on Friday, is willing to return but is demanding changes in governance, including the removal of current board members.
  • Altman is also seeking a statement that clears him of any wrongdoing.
  • Despite initial agreement to step down in principle, the existing board members have not officially done so and are currently vetting candidates for new directors.
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