Nvidia working with external firm to explore new CEO candidates amid uncertainty over Jensen Huang – CNBC TV18

Nvidia Corp.’s board has enlisted an outside firm to find potential successors to Chief Executive Officer Jensen Huang after reports surfaced of several extramarital affairs, including one involving a woman reportedly suspected of spying for China.

\n\n

The board is considering appointing an interim chief executive while it searches for a permanent successor, the person said, requesting anonymity because the information is not public. As per a Bloomberg report, the directors were scheduled to meet Wednesday to discuss Huang’s future.

\n\n

The Wall Street Journal said earlier that the board was preparing to oust Huang, citing unidentified people familiar with the matter.

\n\n

According to Bloomberg, Nvidia didn’t immediately respond to a request for comment.

\n\n

Also Read: MSCI Rejig: LIC, Coforge, Adani Green, Meesho make the cut while PI Industries dropped; Details here

\n\n

Nvidia’s board has faced a succession crisis since Sunday, when Huang acknowledged having an affair with Alice Huang, a data centre executive at a company that ranks among Nvidia’s largest customers in Southeast Asia. The New York Times reported that Alice Huang was suspected of acting as an agent for the Chinese government.

\n\n

The crisis intensified late Wednesday, after the Times reported that Jensen Huang had also been involved with…

Original source: https://www.cnbctv18.com/technology/

Leave a Reply

Your email address will not be published. Required fields are marked *