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techcrunch ai · August 26, 2026

OpenAI's IPO prep hits turbulence as 14th exec exits

openai loses chris malone, its head of data centers, marking the 14th c-suite departure this year as the company prepares for an ipo.

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openai lost chris malone, its head of data centers, last week following a reorganization that shifted his reporting line away from president greg brockman. malone's exit is the latest in a series of over 14 high-level departures in 2025, including former coo brad lightcap and chief revenue officer denise dresser. the churn raises stability concerns as openai manages the massive stargate infrastructure buildout and prepares for a public listing.

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