C3 AI CEO Tom Siebel to Step Down, Will Become Executive Chairman

Tom Siebel and the Board Initiate Search for Successor CEO at C3 AI

Rhea-AI Impact

(Moderate)

Rhea-AI Sentiment

(Neutral)

Tags

07/24/2025 - 09:00 AM

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- C3.ai, Inc. (鈥淐3 AI,鈥� 鈥淐3,鈥� or the 鈥淐ompany鈥�) (NYSE: AI), the Enterprise AI application software company, today announced that it has initiated a search for Mr. Siebel鈥檚 successor as Chief Executive Officer of C3 AI. The search will be conducted by an internationally renowned search firm reporting to a search committee consisting of members of the C3.ai board and management team.

鈥淎fter being diagnosed with an autoimmune disease in early 2025, I have experienced significant visual impairment,鈥� said Thomas M. Siebel, Chairman and CEO of C3 AI. 鈥淔or C3 AI to reach its full potential 鈥� which I believe is spectacular 鈥� the board and I have initiated a search for a new CEO who can take the company to the next level of growth and success. I will remain fully engaged as Chief Executive Officer of C3.ai until such time as the C3.ai board appoints my successor after which I will continue in the role of Executive Chairman focusing on strategy, product innovation, strategic partner and customer relationships.鈥�

About C3.ai, Inc.

C3.ai, Inc. (NYSE:AI) is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of domain-specific generative AI offerings for the enterprise.