The secret succession rankings that Anthropic shareholders will never see (unless the company is ordered)

Source: Business Insider ·

The secret succession rankings that Anthropic shareholders will never see (unless the company is ordered)

Seven of Anthropic's cofounders can confidentially list up to 10 successors who would inherit their power in a special LLC with voting control.

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Anthropic CEO Dario Amodei is among the cofounders who can propose a confidential list of successors to inherit their power and membership in the Founders LLC, which has voting control.Anna Moneymaker/Getty ImagesAnthropic's IPO paperwork shows the AI giant has some unusual approaches to governance.One of those is an agreement with a separate entity, Anthropic Founders LLC, controlled by seven of its cofounders.Those seven cofounders, including CEO Dario Amodei, can submit a secret list of successors to inherit their voting power.Anthropic has devised an unusual way for its founders to pass on their power.In its IPO filings, Anthropic outlined how seven of its cofounders, who collectively have 50.1% of voting control, will be able to create a ranked list of who they'd like to inherit their power in the event of their death or incapacitation.What's particularly notable is that while the names would be shared with the other LLC members and Anthropic's Nominating Committee, they are…

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