Two prominent Nvidia investors have urged the company's board to take a measured approach to deciding its future leadership, warning against rushing to appoint a successor to Jensen Huang and asking directors to keep open the possibility of his return as chief executive.
\n\nIn a letter addressed to the Nvidia board, Brad Gerstner, founder of Altimeter Capital, and Gavin Baker, managing partner and chief investment officer of Atreides Management, said shareholders deserved a deliberate process as the company navigates the uncertainty surrounding Huang's departure.
\n\nGerstner shared the letter on X on Saturday, November 14, saying it outlined the minimum standards the board owed shareholders as it managed the situation.
\n\nThis letter was sent to the Nvidia Board today which we believe outlines the minimum acceptable standards the Board owes shareholders as it manages this difficult situation. Onward. ???? https://t.co/fIsyXVQ5tR
\n\nThe investors said Huang's long record of leadership and the uncertainty surrounding recent events made it important for the board to avoid a rushed decision. They added that Nvidia could continue to be led by interim chief executive Colette Kress and her team while directors took time to assess the situation.
\n\nThe letter also made clear that the board would retain…
Original source: https://www.cnbctv18.com/technology/
