Elon Musk’s AI Company, XAI, now has a new chief financial officer: former Morgan Stanley Banker Anthony Armstrong, Financial Times InformedCiting anonymous sources.
Armstrong, who advised Musk during the first Twitter deal, would oversee both XAI and X, which was merged in April. The former banker has been working with XAI for several weeks and was recently appointed as CFO, FT said.
XAI has been without a CFO since its previous finance head, Mike Libertor, left the company In July, and the appointment of Armstrong follows a slate of high-profile executive departure in both XAI and X.
XAI’s general lawyer, Robert Kail, Left The company in August after more than a year on job. A senior advocate Raghu Rao also went around the same time, and one of the co-founders of XAI in August, Igor Babuskin Said He was leaving the company to launch his VC firm dedicated to AI security research. Linda Yacarino, former CEO of X, Resigned In July.
FT said that the current CFO of Armstrong X, Mahmood will take over from Reza Banki, who is leaving the company.
XAI did not immediately return the request for comment.
