The appointments add two financial-sector chief executives as OpenAI prepares for a potential IPO following its October recapitalization and board restructuring.
OpenAI said it has appointed David Vélez, CEO of Nubank, and Robin Vince, CEO of BNY, to its nonprofit and for-profit boards, adding senior financial-industry executives as the company moves toward a potential initial public offering. OpenAI, valued at more than $850 billion, confidentially filed a prospectus with the Securities and Exchange Commission in June, though it has not set a public debut timeline. The board additions follow the company’s October recapitalization, which left the OpenAI Foundation as the nonprofit entity holding a controlling stake in its for-profit business, OpenAI Group PBC. Bret Taylor said the two appointees bring experience in using technology to reshape financial services and expand opportunity at global scale.