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Any credible board will have a succession plan in place, ready to trigger if the CEO resigns/has to be fired/gets hit by a bus.

That's called contingency planning. After getting an investment of $50M I'm pretty sure they did their homework on this and having the CEO resign simply triggered a series of pre-defined steps. You don't get that kind of investment without having at least the basics in place. (Or at least, you shouldn't...).

It's not really a 'new' team, though, it's people who were already very close to Reddit.

It has been a very busy 8 days.

i too doubt this was the only thing that suddenly made him resign. there has to be more that went on behind the scene that even altman is not talking about...

That doesn't make any sense. What would such a short timeline imply, besides that it came out of nowhere?

Also, what people say and what they do are not always equal.