For companies, rehiring a founder can be enticing, but the results are usually worse
After his ouster, it's possible that OpenAI co-founder Sam Altman could join a club of CEOs who return after leaving the company they founded. Research shows such CEOs perform worse than new hires.
by Becky Sullivan
Nov 21, 2023
2 minutes
For a brief moment in a turbulent weekend in Silicon Valley, it seemed that tech CEO Sam Altman might become the latest ousted executive to return to the organization he helped to found — in this case, OpenAI, the artificial intelligence company who forced the entire tech industry to reorient when it released ChatGPT last year.
, hundreds of OpenAI employees if Altman was not brought back. Investors campaigned to.)
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