The board of technology company Nvidia is set to decide on November 12 whether CEO Jensen Huang will remain in his position. Reports of a possible dismissal followed the publication of information about his alleged further extramarital relationship with a senior company manager. Der Standard ↗
The New York Times reported that Huang had a relationship with Kimberly Powell, who heads Nvidia's healthcare division. Such conduct would be in violation of the company's internal rules. Media also reported that the board is already considering Huang's departure and that Nvidia is reportedly looking for his possible successor. El Mundo ↗
The board's decision comes at a time when the company is facing a broader investigation into Huang's relationships. One of the previous cases involved a woman whom US authorities suspected of links to Chinese espionage. Nvidia hired the New York law firm Wachtell, Lipton, Rosen & Katz to examine the circumstances. BBC News ↗
Reports of a possible dismissal were also reflected in trading of the company's shares. Their price fell by approximately eight percent in over-the-counter trading, with Nvidia's market value reportedly dropping by tens of billions of dollars according to media reports. Huang's departure would also create a leadership vacuum at the company, whose value stands at around four trillion dollars. The Guardian ↗
Further developments will depend on the board's decision and the results of the investigation. Nvidia has not yet publicly confirmed that it will dismiss Huang.
Nvidia's board decides Jensen Huang's future
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (24)
Nvidia se prepara para destituir a Jensen Huang tras conocerse una nueva infidelidad con una vicepresidenta de la empresa
El Mundo
| 03:12 12.11.
Nvidia moves to oust spy-tainted CEO Jensen Huang after word of affair with subordinate: report
Independent
| 00:04 12.11.
Nvidia hires major New York law firm to investigate Jensen Huang affair
BBC News
| 21:03 10.11.
Berichte über weitere Affäre: Nvidia-Chef Huang droht noch am Mittwoch Rauswurf
Der Standard
| 05:44 12.11.
'Chipbedrijf Nvidia neemt snel een besluit over ontslag of aanblijven topman Huang'
NOS
| 05:37 12.11.
Le conseil d'administration de Nvidia doit décider de l'avenir de son patron Jensen Huang
France24
| 03:49 12.11.
Nvidia board reportedly meeting to decide CEO Jensen Huang’s future as chip giant’s share price plunges – follow live
The Guardian
| 02:59 12.11.
Akcie Nvidie znovu padají. Řeší se další aféra, Huangovi může hrozit konec
seznamzpravy.cz
| 02:01 12.11.
Affäre um Nvidia-Chef: Nvidia will sich wohl von Konzernchef Jensen Huang trennen
Die Zeit
| 01:52 12.11.
Börse: Nvidia-Aktie fällt nach Berichten über möglichen Chefwechsel
Tagesspiegel
| 01:17 12.11.
Nvidia: Jensen Huang soll weitere Affäre gehabt haben – Ablösung droht
Spiegel.de
| 01:06 12.11.
Nvidia bereitet nach Affären die Entlassung von Firmenchef Huang vor – Aktie verliert
Welt
| 01:00 12.11.
Azioni di Nvidia di nuovo a picco dopo la notizia di un altro affaire per Huang
ANSA
| 00:31 12.11.
Le patron de Nvidia, mis en cause pour une liaison avec une Chinoise soupçonnée d’espionnage, accusé d’avoir eu une seconde affaire sentimentale avec une salariée
Le Monde
| 00:30 12.11.
Nvidia preparing to oust CEO amid reports of a second affair
Sky News
| 23:56 11.11.
Nyt, Jensen Huang ha avuto affaire anche con una manager di Nvidia
ANSA
| 23:55 11.11.
Bericht: Nvidia bereitet Huang-Entlassung vor
ORF
| 23:43 11.11.
Bericht deutet auf riesiges Ausmaß hin
ORF
| 22:49 10.11.
Lori Huang: Welche Rolle die Frau von Nvidia-Chef Jensen Huang im Unternehmen spielt
Spiegel.de
| 20:51 10.11.
Bertille Bayart : « L’affaire Nvidia ou le rappel de la règle numéro un : pas de sexe au travail »
Le Figaro
| 20:38 10.11.
Nvidia-Affäre: Aktionäre reichen Klage gegen Huang ein
ORF
| 12:40 10.11.
Chipriese: Affäre von Nvidia-CEO Jensen Huang: Wer ist Alice Huang?
Tagesspiegel
| 11:38 10.11.
Media, 'Nvidia e Huang citati in giudizio dagli azioni per relazione con Huang'
ANSA
| 09:23 10.11.
«Elle s’occupait de tout» : Lori Mills, la discrète épouse derrière Jensen Huang, le patron de Nvidia dans la tourmente
Le Figaro
| 07:30 10.11.
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