BenevolentAI founder returns as executive chairman amid leadership overhaul
British artificial intelligence specialist BenevolentAI (AMS: BAI) has announced the return of its founder, Ken Mulvany, as executive chairman.
The move comes three years after Mr Mulvany stepped down as chairman and marks his return to the leadership team of the AI-focused drug discovery company he founded in 2013. Following the announcement, the company’s shares rose by about 10%.
The leadership changes follow a series of strategic decisions aimed at reshaping the firm, including two reductions in workforce levels in the past 18 months.
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