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CNBC

OpenAI power consolidates under co-founder Greg Brockman ahead of prospective IPO

Friday, July 10, 2026


Greg Brockman, OpenAI co-founder, became President after Fidji Simo's departure from the company. Simo cited a chronic medical issue for her departure. Brockman previously served as President before stepping back to focus on research and product work. OpenAI has not announced plans for an IPO.

Original reporting: https://www.cnbc.com/2026/07/10/openai-power-consolidates-under-co-founder-greg-brockman-ahead-of-ipo.html

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