The boards job is to deliver shareholder value. Ergo, it may or may not be something illegal, all ypu can guarantee is that they think that revealing information might lose shareholder value.
Comment on OpenAI investors push to bring Altman back as CEO one day after he was ousted by board
flamingo_pinyata@sopuli.xyz 7 months agoHow embarrassing must it be for both sides if no one is willing to go public?
If it were something illegal, they wouldn’t be holding back. Unless the board is somehow complicit by default.
echo64@lemmy.world 7 months ago
eggymachus@sh.itjust.works 7 months ago
The board that fired him was that of the nonprofit, so they don’t answer to shareholders.
echodot@feddit.uk 7 months ago
They don’t have shareholders. Open AI is a nonprofit. So the job of the board is literally to do what is best for the organization, I can’t see how it could possibly be good for the organisation to fire the CEO and then point right refused to elaborators to the reason.
homesweethomeMrL@lemmy.world 7 months ago
To be honest the shareholder value on a non-profit is, uh, lackluster.
Varyk@sh.itjust.works 7 months ago
Yeah when I heard this, and after I read the available information, I was like did they walk in on him f****** a dog in his office or something? Like the secrecy around his dismissal is so total. But then all these people he has so much support within the company. Very confusing