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Fortune
Fortune
Sheryl Estrada

The exit of Elon Musk’s xAI CFO is the latest example of executive turnover at high-profile startups

Screens displaying the logo of Grok, a generative artificial intelligence chatbot developed by xAI, the American company specializing in artificial intelligence and it's founder Elon Musk. (Credit: Getty Images)

Good morning. I’ve been writing about the uptick in CFO turnover. The latest high-profile departure is at multibillionaire Elon Musk’s xAI.

Mike Liberatore stepped down abruptly as the finance chief of Musk’s artificial intelligence startup, according to a report from The Wall Street Journal citing anonymous sources. Liberatore was hired in April and reportedly left in late July. The reasons for his departure are not known, but he followed other high-profile exits from xAI of late. The company did not immediately respond to my request for comment.

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