Friar has served as chief financial officer of Square, a board member of Walmart, and has worked at McKinsey, Salesforce and Goldman Sachs. She was named chief product officer along with Kevin Weil.
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OpenAI announced this week that it has hired former Nextdoor CEO Sarah Friar as its first chief financial officer.
Friar previously served as chief financial officer of financial services company Square, currently serves on Walmart’s board of directors and has also worked at Goldman Sachs, McKinsey and Salesforce. Her hiring was announced alongside the appointment of Kevin Weil as chief product officer. Weil previously worked at Twitter and Meta.
“Sarah and Kevin bring a wealth of experience that will enable OpenAI to scale our operations, strategize for the next phase of growth, and ensure our team has the resources they need to continue growing,” said Sam Altman, CEO of OpenAI. .
The appointments follow the high-profile departures of several OpenAI executives, including OpenAI co-founder and chief scientist Ilya Sutskever, who played a role in Altman’s firing and return as CEO six months later. Resigned in May.
While serving as CEO of Nextdoor Friar, she encouraged real estate agents to use community-based social media platforms to generate leads.
“You’re in a community-focused market area,” Friar said at the 2019 Inman Connect event. “People are not buying houses, they’re buying homes. People don’t want to see bricks and mortar, they want to know who are my neighbors, local How is the school and how friendly the people are.
During her tenure, however, the company raised prices for real estate ads, drawing criticism from agents, who told Inman in a 2019 article that they struggled to find leads through the platform.
At Inman Connect New York 2024, Friar encouraged agents to further their efforts to engage with the communities they serve.
“We’re a great fit for all of you because we’re neighbors,” Freer said. “What I love about real estate agents, real estate agents, is that you are the new community activists. You are the ones who care most about your community.
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