Open AI Hires Sarah Friar as New CFO

<p>Open AI has announced the hire of two experienced executives with an eye for a potential IPO down the road&period;<&sol;p>&NewLine;<p>Sarah Friar &lbrack;pictured&rsqb; is joining as Chief Financial Officer&period; She will lead a finance team that supports the company&&num;8217&semi;s mission by providing continued investment in core research capabilities&comma; and ensuring that it can scale to meet the needs of the growing customer base and the complex and global environment in which the company is operating&period; <&sol;p>&NewLine;<p>Kevin Weil is joining Open AI as Chief Product Officer&period; He will lead a product team focused on applying research to products and services that benefit consumers&comma; developers&comma; and businesses&period;<br &sol;>&NewLine;Sarah most recently served as CEO of Nextdoor&period; She was previously CFO at Square&comma; and also worked at Goldman Sachs&comma; McKinsey&comma; and Salesforce&period; She is a Board Member of Walmart and Consensys&comma; a Fellow of the Aspen Institute&comma; and Co-Chair of the Stanford Digital Economy Lab&comma; an integral component of the Stanford Institute for Human-Centered AI &lpar;HAI&rpar;&period;<&sol;p>&NewLine;<p>Kevin was most recently President&comma; Product and Business at Planet Labs&period; He was previously the co-founder of the Libra cryptocurrency and VP of Product for Novi at Facebook&comma; VP of Product at Instagram&comma; and SVP of Product at Twitter&period; He is a term member of the Council on Foreign Relations &lpar;CFR&rpar; and serves on the boards of The Nature Conservancy and Black Product Managers Network&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;I’m honored to join a team that is uniquely talented and mission-focused&comma;” said Sarah Friar&period; &OpenCurlyDoubleQuote;My goal is to help OpenAI continue excelling at what it does best—producing top-tier research and collaborating to maximize the benefits of AI tools for everyone&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The product team at OpenAI has set the pace for both breakthrough innovation&comma; and thoughtful deployment of AI products&comma;” said Kevin Weil&period; &OpenCurlyDoubleQuote;I am thrilled to be part of the next phase of growth&comma; as we continue to safely and responsibly build towards AGI&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Sarah and Kevin bring a depth of experience that will enable OpenAI to scale our operations&comma; set a strategy for the next phase of growth&comma; and ensure that our teams have the resources they need to continue to thrive&comma;” said OpenAI CEO Sam Altman&period;<&sol;p>&NewLine;