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What Keach Hagey’s Book Says About Sam Altman’s 2023 OpenAI Firing

Keach Hagey’s 2025 excerpt portrays Sam Altman’s OpenAI firing as the culmination of alleged candor and governance problems. Here’s what it claims, what happened next, and what remains unresolved.
From TheFinanceBase Team5 min to read
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Sam Altman’s November 2023 removal as OpenAI CEO was not simply a sudden dispute over AI safety, according to a 2025 excerpt from Wall Street Journal reporter Keach Hagey’s biography The Optimist. The excerpt portrays a longer breakdown in trust involving alleged problems with Altman’s candor, his influence inside OpenAI, and governance disputes. Those details are reported allegations, not findings from a court or an independent investigation.

What the book excerpt newly alleges

OpenAI’s board announced on November 17, 2023, that it had lost confidence in Altman after he had not been “consistently candid” with directors. The public statement did not explain the underlying disputes in detail. Hagey’s excerpt, published in the March 29–30, 2025 issue of The Wall Street Journal, offers a more extensive account of how that confidence reportedly eroded.

According to Hagey’s account, directors were concerned not only about what Altman told them, but also about how information reached the board, his reach across OpenAI’s business and research, and his relationships with investors. The excerpt reports that board members learned Altman personally owned the OpenAI Startup Fund. That is a claim about ownership; it should not be taken on its own as proof of particular profits or financial misconduct.

The excerpt also says CTO Mira Murati and co-founder Ilya Sutskever gathered examples of conduct they considered dishonest or toxic, including screenshots from Murati’s Slack channel. One reported example concerned GPT-4 Turbo: Altman allegedly said the legal department had determined that the model did not need review by a joint safety board, while OpenAI’s top lawyer disputed having given that advice. The excerpt presents this as evidence of a breakdown in trust, not as an independently adjudicated finding.

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Why “safety versus growth” is too simple

AI safety and the pace of commercialization formed part of the conflict, but the excerpt does not establish that safety ideology alone caused the firing. It describes overlapping concerns about executive conduct, the flow of information to directors, company governance, and Altman’s influence. It also recounts investor Peter Thiel warning Altman that people at OpenAI focused on AI safety might move against him; that scene provides context, not proof of a single motive.

The distinction matters because OpenAI’s crisis was both personal and institutional. A disagreement about safety could intersect with a dispute about who had authority, what the board knew, and how quickly a commercially important AI company should move. The excerpt’s account is that accumulated distrust—not one isolated policy disagreement—was central to the board’s decision.

How the firing unraveled in five days

The board had formal authority to remove the CEO, but the response showed how difficult it was to make that decision operationally sustainable without support from employees, senior leaders, investors, and a key infrastructure partner.

Date What happened
November 17, 2023 OpenAI announced Altman’s removal and named Murati interim CEO. Greg Brockman was removed as board chair and then left the company.
November 17–20 Employees and executives pushed back. Microsoft announced that Altman and Brockman would join a new advanced-AI group, offering an alternative for OpenAI staff who might leave.
November 20 OpenAI appointed former Twitch CEO Emmett Shear interim CEO as the crisis continued.
November 20–21 Hundreds of employees signed a letter threatening to resign unless the board stepped down and Altman returned.
November 21 OpenAI announced an agreement for Altman to return, alongside a reconstituted board led by Bret Taylor and including Larry Summers and Adam D’Angelo.

Microsoft did not directly control the board’s decision. Its employment offer and strategic importance nevertheless gave it leverage: the company was an important partner, and the prospect of employees leaving with Altman made the board’s choice harder to sustain. Murati’s role was also more complicated than a simple opposition story: she was named interim CEO, reportedly helped document concerns, and later supported Altman’s return.

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What OpenAI’s structure had to do with the crisis

OpenAI’s nonprofit parent was designed to oversee a capped-profit operating entity. That arrangement gave the nonprofit board unusual authority over the commercial company. By 2023, however, OpenAI had become a commercially important organization that depended on technical employees, Microsoft infrastructure, investors, and enterprise confidence.

The episode exposed a gap between formal and practical control. The board could remove the CEO, but its authority alone could not ensure employees would stay, partners would remain aligned, or the business could continue without disruption. This does not mean the structure was inherently invalid; it shows how difficult mission oversight can become when commercial urgency, executive loyalty, and outside dependence collide.

Who were the principal actors?

  • Sam Altman: CEO removed by the board and reinstated within days.
  • Mira Murati: CTO named interim CEO after the removal; the excerpt says she helped collect concerns and later supported Altman’s return.
  • Ilya Sutskever: OpenAI co-founder and board member who reportedly provided directors with examples of concerns; he later left OpenAI.
  • Greg Brockman: OpenAI president and board chair, removed as chair during the initial upheaval and later returned.
  • Helen Toner and Tasha McCauley: Directors associated with the board faction opposing Altman’s continued leadership.
  • Adam D’Angelo: Director who remained involved in the reconstituted board.
  • Microsoft and CEO Satya Nadella: An influential external partner whose offer to hire Altman and other OpenAI employees shaped the crisis.
  • Emmett Shear: Former Twitch CEO briefly installed as interim CEO.
  • Bret Taylor and Larry Summers: Members of the reconstituted board announced with Altman’s return.
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What the full book adds

The Optimist: Sam Altman, OpenAI, and the Race to Invent the Future is a biography, not an official OpenAI postmortem or a legal investigation. Published by W. W. Norton & Company on May 20, 2025, the U.S. edition is listed at about 384 pages. Publisher and bookseller descriptions say Hagey’s reporting drew on more than 250 interviews. The book covers Altman’s childhood and early career, his time at Y Combinator, OpenAI’s founding and growth, his rivalry with Elon Musk, and the 2023 board crisis.

The excerpt is useful if the central question is what the book says about the firing. The full biography provides a broader account of Altman and OpenAI, but its reporting does not convert every claim about private conversations or disputed conduct into an independently verified fact. Readers seeking only the episode’s core allegations can read the Wall Street Journal excerpt; readers seeking wider context may prefer the book. The publisher describes it as a deeply reported biography, a characterization that should be understood as promotional language.

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Sources: TechCrunch’s March 29, 2025 summary; Laptops251’s account of the timeline and governance structure; The Wall Street Journal’s March 29, 2025 issue; and W. W. Norton’s book description.

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