Nvidia’s Board reportedly preparing to oust CEO Jensen Huang as second extra-marital affair emerges — stock has plunged 20% since scandals began, Huang has been first and only CEO for 33 years - Tom's Hardware
Nvidia's Board of Directors is preparing to oust CEO Jensen Huang following revelations of two extramarital affairs, including one with a woman suspected of working for Chinese intelligence.
Although no final decision has been made yet, the company's directors could meet as early as November 11 to discuss Huang's future. Whoever succeeds Huang will be the company's second CEO in 33 years. Nvidia's stock dropped 8% in after-hours trading following the reports.
Internal relationship revealed
The report from The Wall Street Journal comes hours after The New York Times revealed that Huang allegedly had an extramarital relationship with Kimberly Powell, Nvidia's vice president of health care, who reports directly to him.
According to five people who worked at Nvidia, the relationship was known internally
Chinese intelligence connection
The allegations follow an earlier report that Huang had a relationship with Alice Huang, a Chinese businesswoman whom U.S. intelligence believes to be a Chinese intelligence asset. Huang and Powell were reportedly seen together at a San Jose hotel during Nvidia's GTC conference in March.
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