Despite making a significant investment in OpenAI, Microsoft and other investors are unlikely to be given seats on the new board.
According to reports, none of the investors, including Microsoft, will have a seat on the nine-member board, which has not been finalized but is expected to exclude shareholders.
The decision is said to align with the nonprofit mission that governs OpenAI. Sam Altman, who was previously on the board before being dismissed, is not expected to join the reconstituted board. Since Altman’s return to OpenAI as CEO, three initial directors, including Bret Taylor, Larry Summers, and Adam D’Angelo, have been appointed to the new board.
Taylor, a former co-CEO of Salesforce, will serve as the board’s chair, bringing extensive experience from roles such as chairman of the board of X (formerly Twitter) and a member of Shopify’s board.
Summers, a renowned economist, previously held positions in the US government, serving as the US Secretary of the Treasury from 1999 to 2001 and the Director of the National Economic Council from 2009 to 2010.
D’Angelo, the co-founder and CEO of Quora, was part of the board that removed Altman from his previous position.
