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OpenAI Hires Veteran Google Executive as Corporate Development VP

Albert Lee will lead OpenAI's strategic investments and mergers, reporting to finance chief Sarah Friar as the company accelerates growth amid competition with Google and Anthropic.

  • Dec 15: OpenAI confirmed it has hired Albert Lee, senior director at Google, as vice president of corporate development; Lee starts Tuesday, reporting to finance chief Sarah Friar.
  • OpenAI recruited Lee to speed up strategic investments and M&A, aiming to empower a senior leader to move quickly, the company told Reuters as it fills out its leadership bench.
  • Among his deals, Albert Lee worked on Google's $32 billion acquisition of Wiz, and he led corporate development for Google Cloud and DeepMind, according to CNBC.
  • The Information first reported Lee's departure from Google earlier in the day, and the companies did not disclose the terms of the move.
  • OpenAI's $500 billion valuation and active M&A program frame the hire, with acquisitions including Neptune earlier this month, Statsig for $1.1 billion, io for more than $6 billion, and new executives like Denise Dresser.
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[Digital Daily Reporter Sang-il Lee] OpenAI has appointed Albert Lee, former Senior Director of Corporate Development at Google, as its new Vice President of Corporate Development. Lee will report to OpenAI Chief Financial Officer (CFO) Sarah Friar. An OpenAI spokesperson told Reuters that the appointment is “to secure a senior leader with a broad perspective across the company and the ability to make decisions quickly.” Lee joined Alphabet’s Go…

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Channel News Asia broke the news in Singapore on Monday, December 15, 2025.
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