{"id":350721,"date":"2025-12-15T20:30:09","date_gmt":"2025-12-15T20:30:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/350721\/"},"modified":"2025-12-15T20:30:09","modified_gmt":"2025-12-15T20:30:09","slug":"openai-hires-veteran-google-executive-as-corporate-development-vp","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/350721\/","title":{"rendered":"OpenAI hires veteran Google executive as corporate development VP"},"content":{"rendered":"\n<p class=\"yf-7hmkaz\">Dec 15 (Reuters) &#8211; <a href=\"https:\/\/www.yahoo.com\/organizations\/openai\/\" data-ylk=\"slk:OpenAI;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">OpenAI<\/a> on Monday confirmed that it has appointed Albert Lee, senior director of \u200bcorporate development at Google, as its vice president \u200cof corporate development.<\/p>\n<p class=\"yf-7hmkaz\">Lee will start his role at Microsoft-backed OpenAI on \u200cTuesday and report to finance chief Sarah Friar.<\/p>\n<p class=\"yf-7hmkaz\">The goal of bringing Lee &#8220;on board is to ensure we have a senior leader with broad visibility across the company \u2060who is empowered to \u200cmove quickly,&#8221; an OpenAI spokesperson told Reuters.<\/p>\n<p class=\"yf-7hmkaz\">At Alphabet&#8217;s Google, Lee had been leading corporate \u200ddevelopment for Google Cloud and DeepMind, and the strategy and scouting team. Since he joined the company in 2011, Lee \u200bhas worked on over 60 transactions spanning acquisitions \u200cand strategic investments totaling more than $50 billion, according to his LinkedIn profile.<\/p>\n<p class=\"yf-7hmkaz\">The Information was the first to report Lee&#8217;s move earlier in the day.<\/p>\n<p class=\"yf-7hmkaz\">His hiring follows OpenAI&#8217;s recruitment of former Amazon executive Torben Severson as its \u2060new vice president and head \u200bof global business development last month.<\/p>\n<p class=\"yf-7hmkaz\">OpenAI \u200bin September hired Mike Liberatore, former finance chief at Elon Musk&#8217;s xAI, as the <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:artificial \u200dintelligence;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">artificial \u200dintelligence<\/a> startup&#8217;s business \u2060finance officer.<\/p>\n<p class=\"yf-7hmkaz\">Lee is also on the advisory board of Alphabet&#8217;s independent growth fund, CapitalG, which has \u2060invested in companies such as CrowdStrike and Airbnb.<\/p>\n<p class=\"yf-7hmkaz\">(Reporting by Juby Babu \u200cin Mexico City and Anhata Rooprai in \u200cBengaluru; Editing by Shinjini Ganguli)<\/p>\n","protected":false},"excerpt":{"rendered":"Dec 15 (Reuters) &#8211; OpenAI on Monday confirmed that it has appointed Albert Lee, senior director of \u200bcorporate&hellip;\n","protected":false},"author":2,"featured_media":350722,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[174702,4613,28,174703,34125,174704,168,4430,1283,174705],"class_list":{"0":"post-350721","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-albert-lee","9":"tag-alphabet","10":"tag-business","11":"tag-corporate-development","12":"tag-finance-chief","13":"tag-global-business-development","14":"tag-google","15":"tag-google-cloud","16":"tag-openai","17":"tag-sarah-friar"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/350721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=350721"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/350721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/350722"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=350721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=350721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=350721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}