Nvidia Board Hires Search Firm to Weigh Replacing Jensen Huang
Bloomberg reports that Nvidia's board is working with an outside search firm on possible successors to Jensen Huang and is weighing an interim CEO. The move follows reports of a second relationship with an Nvidia employee, alongside an admitted relationship with a suspected Chinese intelligence asset; the board has opened an independent probe and shares fell about 8% after hours. Huang, the largest shareholder at roughly 3.6%, has rejected formal succession planning, and no named successor exists.
Related Entities
Full Report
Rohan Paul (@rohanpaul_ai) · 2026-11-12 01
Bloomberg: Nvidia’s board is working with an outside search firm on possible replacements for Jensen Huang and is considering an interim CEO, according to a person familiar with the situation.
The situation escalated late Wednesday, when the Times reported a second relationship, with Kimberly Powell, Nvidia’s vice president of healthcare, who reports directly to him.
↳ 引用 @rohanpaul_ai (Rohan Paul): WSJ: Nvidia’s board, which publicly backed Jensen Huang on Sunday, is now close to deciding whether to remove its founder CEO.
The shift came as a second affair, with an Nvidia employee, surfaced alongside his admitted relationship with a suspected Chinese intelligence asset.
When it opened an independent probe on Sunday, the board said it had no reason to believe Nvidia secrets were compromised.
Shares fell about 8% after hours, and Huang, the largest shareholder at about 3.6%, has rejected formal succession planning.
With roughly 60 direct reports and no named successor, Nvidia’s own proxy report warns that weak succession could hurt strategy and execution.
