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Summary: xAI hires former Morgan Stanley banker Anthony Armstrong as CFO Crunch

1. Elon Musk's AI company xAI has appointed Anthony Armstrong as its new Chief Financial Officer.
2. Armstrong, a former Morgan Stanley banker who advised Musk during the Twitter deal, will oversee the finances of both xAI and X following the merger in April.
3. This appointment comes after several high-profile executive departures at both xAI and X, including the departure of xAI's general counsel Robert Keele, senior lawyer Raghu Rao, co-founder Igor Babuschkin, and former CEO of X Linda Yaccarino. Armstrong will replace Mahmoud Reza Banki, the current CFO of X who is also leaving the company.
Summary
Elon Musk's AI company xAI has appointed Anthony Armstrong as its new CFO, following a series of executive departures. Armstrong, previously with Morgan Stanley, was an advisor to Musk during the Twitter deal and will oversee finances for both xAI and X post-merger in April. He replaces Mahmoud
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2025/10/08 08:01 Anonymous 98 40s 147
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ID: 4ac38c56-2a8e-42dd-8fec-e3ef81023e69

Category ID: listed_summary

URL: https://techcrunch.com/2025/10/07/xai-hires-former-morgan-stanley-banker-anthony-armstrong-as-cfo/#summary

Date: Oct. 7, 2025

Notes: 2025-10-07

Created: 2025/10/07 22:20

Updated: 2025/12/08 01:00

Last Read: 2025/10/08 08:01

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