In a surprising turn of events, OpenAI, the creator of ChatGPT, has ousted its co-founder and CEO, Sam Altman, citing a lack of consistent candor with the board. This unexpected departure raises eyebrows in the tech world, especially considering Altman’s pivotal role in the artificial intelligence revolution. As the industry grapples with this shocker, Altman joins a league of other tech CEOs who faced termination for various reasons.
OpenAI announced that Mira Murati, the chief technology officer, will step in as interim CEO until a permanent replacement is found. The dismissal of Altman, a prominent figure in the AI landscape, highlights the increasing scrutiny of leaders in the tech sector.
Here’s a closer look at five other global CEOs who faced the axe for reasons ranging from leadership style to ethical lapses:
- Steve Jobs: The Apple Maestro
In 1985, Apple parted ways with its visionary co-founder, Steve Jobs, due to alleged abrasive and authoritarian leadership. Jobs’ confrontational management style and his tendency to push people too hard were cited as reasons for his departure. Despite his greatness, Jobs’ ousting showcased the challenges of maintaining a healthy work environment.
- Jack Dorsey: Twitter’s Founder-Led Era Ends
In November 2021, Jack Dorsey resigned as the CEO of Twitter amid pressure from investors who believed he was overcommitted, also serving as the CEO of Square. Dorsey emphasized the limitations of the “founder-led” model and acknowledged the need for a broader leadership approach. His departure marked the end of an era for the social media giant he co-founded in 2006.
- Carol Bartz: Yahoo’s Short-Lived Leadership
After just two and a half years as Yahoo’s CEO, Carol Bartz was ousted in 2011 as the company struggled. Bartz claimed she was fired over the phone by Yahoo’s Chairman of the Board. Her exit underscored the challenges faced by leaders trying to revive struggling tech giants and the intense scrutiny they face from boards and investors.
- Parag Agarwal: Musk’s Standards at Twitter
Parag Agarwal, the former CEO of Twitter, faced termination after a dinner with Elon Musk. Musk believed Agarwal lacked the ‘fire-breathing dragon’ leadership style needed for the platform. This incident shed light on the expectations of tech leaders and the importance of aligning with the vision set by influential figures in the industry.
- Ashneer Grover: BharatPe’s Controversial Exit
In India, Ashneer Grover, former co-founder of BharatPe, faced termination over allegations of financial fraud. His departure sparked a public conversation about the challenges faced by startup leaders and the dynamics between founders, boards, and investors.
The abrupt exits of these tech CEOs, including Sam Altman, serve as cautionary tales, emphasizing the need for leaders to navigate ethical challenges, manage leadership styles, and maintain transparency to secure their positions in the ever-evolving tech landscape.
