November 20, 2023

From Sam Altman to Steve Jobs to Jack Dorsey, 6 CEOs Fired From Their Own Company

OpenAI Board of Directors has fired Sam Altman. They have given that he needed to be more apparent during the communication with the board and made CTO Mira Murati the new CEO.

Later, Microsoft CEO Satya Nadella announced that Sam Altman and Greg Brockman will join Microsoft soon to work with a new advanced AI team.

OpenAI's loss is Microsoft's gain.

But Sam Altman is not the first CEO fired from his company.

There are many.

From Sam Altman to Steve Jobs to Jack Dorsey, 6 CEOs fired from their own company: eAskme
From Sam Altman to Steve Jobs to Jack Dorsey, 6 CEOs fired from their own company: eAskme

From Sam Altman to Steve Jobs to Jack Dorsey, 6 CEOs fired from their own company.

Here, I am listing 6 other CEOs who were fired before Sam Altman:

1. Sam Altman:

Sam Altman founded OpenAI in 2015 with Greg Brockman, Pamela Vagata, and Ilya Sutskever. Surprisingly, Ilya Sutskever is one of the board members who have fired Sam Altman. Also, Greg Brokman was removed from the board. Greg has also resigned from OpenAI.

Now Microsoft is gaining two geniuses from OpenAI as, Sam Altman and Greg Brockman will join Microsoft now.

2. Steve Jobs:

Steve Jobs founded Apple in 1976, and he was fired in 1985. Steve had a confrontation with other board members. The board of directors at Apple claimed that Steve Jobs had poor management skills that could damage the company.  

Be they had to bring him back in 1997. Steve Jobs again became CEO for the next 14 years. Later, Tim Cook became the Apple CEO.

3. Jack Dorsey:

Jack Dorsey founded Twitter in 2006 and was fired in 2008. Twitter's board of directors found him unfit to run the company. Twitter was facing an outage issue, and Dorsey could not fix it. It is also said that Jack Dorsey spends more time in Yoga and Fashion design than on Twitter.

Jack Dorsey returned as CEO at Twitter in 2015 and stayed till 2021.

4. Marissa Mayer:

Marissa Mayer became CEO at Yahoo in 2012. She received a $23 million severance package and resigned. Yahoo was facing user data leaks and security breaches.

5. Cary Florina:

Cary Florina was CEO at Hewlett Packard. She joined in 1999 and left in 2005. Hewlett Packard's board of directors fired her because she failed to execute any strategy to boost revenue and cut costs.

6. Travis Kalanick:

Travis Kalanick was Uber's CEO. He resigned in 2017 when he took a leave of absence. A former employee published a blog about harassment and discrimination at Uber.

Conclusion:

This list displays that it is quite often when a CEO got fired from his company. Sometimes the reason is genuine and sometimes its all about politics inside the company.

Ilya Sutskever posted his regret today on X (formerly known as Twitter).

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