HomeEditors' PicksSam Altman is leaving OpenAI with Mira Murati stepping in as Interim...

Sam Altman is leaving OpenAI with Mira Murati stepping in as Interim CEO

Actionable Trade Ideas

always free

Mira Murati and Sam Altman

Key Facts about the Leadership Transition

Interim CEOMira Murati, Chief Technology Officer
Departing CEOSam Altman
Reason Given for TransitionLoss of confidence in Altman’s leadership by the board
Effective DateImmediate (November 17th, 2023)

Sam Altman leaves OpenAI

In a recent review of company operations, the board recognized discrepancies in Altman’s interactions with them. These observations led them to question his candidacy as CEO and ultimately decide against him continuing in his leadership position. Altman also exited his role on the board of directors amidst this transition.

Mira Murati Steps Up as OpenAI Temporary Leader

OpenAI, a trailblazer in artificial intelligence research and deployment, has recently undergone a significant shift in leadership. Following Sam Altman’s departure, the organization has entrusted Mira Murati, the Chief Technology Officer, with the responsibilities of interim CEO.

The Strategic Appointment of Murati

Mira Murati takes the helm effectively immediately, bolstering the company with her five-year legacy in the leadership team and her pivotal role in shaping OpenAI into the AI powerhouse it is today. This table summarizes her qualifications and expected impact:

Qualifications of Mira MuratiExpected Impact
In-depth knowledge of company values and business operationsFlight stability and faith in corporate continuity
Existing leadership of research, product, and safety functionsEnsured operational integrity and innovation
Experience in AI governance and policyEnhanced governance and adherence to OpenAI’s mission

The board anticipates Murati’s stint as interim CEO will be marked by seamless transitions and sustained organizational excellence. Her deep-rooted familiarity with the company’s objectives and operational procedures positions her as the ideal candidate for stewarding OpenAI through this period.

OpenAI’s Board and Governance Structure

The board is composed of experts in various technological and policy domains. Notably, it includes Ilya Sutskever, chief scientist at OpenAI, and independent directors such as Adam D’Angelo (Quora CEO), Tasha McCauley (technology entrepreneur), and Helen Toner from the Georgetown Center for Security and Emerging Technology. With this leadership change, Greg Brockman will surrender his title as chairman but maintain a substantial role under the new CEO’s guidance.

OpenAI’s Mission and the Road Ahead

Since its inception in 2015 as a non-profit and its strategic restructuring in 2019, OpenAI has been at the forefront of making sure that artificial general intelligence benefits all humanity. The board remains steadfast in its commitment to this vision, with its majority being independent directors who do not possess OpenAI equity. Even amidst OpenAI’s exponential growth, its board’s paramount duty is to champion the mission and uphold the charter’s principles.

In summary, amidst the recent upheaval in leadership, OpenAI’s commitment to its foundational mission endures. With Mira Murati at the vanguard as interim CEO, the organization is poised to continue its groundbreaking work in artificial intelligence, while the board seeks a permanent CEO to navigate OpenAI toward a future where artificial general intelligence synergizes with the broader good of humanity.

**Update on Leadership Changes

Further leadership upheaval struck OpenAI this week as President and co-founder Greg Brockman announced “he quits” shortly after Sam Altman was removed as CEO.

Brockman made the surprise announcement on X, writing he was leaving based on the board’s decision regarding Altman. Earlier, the board had stated Brockman would step down from his role as chairman but remain at OpenAI as president.

However, Brockman has now decided to fully depart the company he co-founded. This compounds the leadership uncertainty facing interim CEO Mira Murati.

With its two founding leaders now exiting, OpenAI faces further challenges around governance and oversight amid a period of exponential growth. The board continues to express confidence in Murati’s ability to steer the company forward during this transition.

But the loss of Altman and now Brockman raises fresh questions about OpenAI’s direction and stability at a critical juncture. Murati and the board will need to act swiftly to install new permanent leadership and reassure stakeholders about OpenAI’s governance.


OpenAI CTO Mira Murati has taken over as interim CEO after Sam Altman departed as CEO and board member. The board cited issues with Altman’s communication and candor. Murati’s deep experience makes her well qualified to lead OpenAI during this transition, as the AI research leader experiences dramatic growth.

Frequently Asked Questions

Who is the new interim CEO of OpenAI?

Mira Murati, previously the Chief Technology Officer, has been appointed interim CEO.

Who is departing OpenAI?

Sam Altman is stepping down from his roles as CEO and board member.

Why did Altman leave?

The board of directors lost confidence in Altman’s leadership due to issues with his communication and candor.

Who else left a leadership role?

Greg Brockman stepped down as chairman of the board but remains at the company.

What is OpenAI’s mission?

OpenAI is a non-profit founded in 2015 with the mission of ensuring artificial general intelligence benefits humanity.

How is OpenAI structured?

It has a hybrid corporate structure that allows fundraising while maintaining non-profit governance.

Resources: https://openai.com/blog

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.