Nvidia CEO Jensen Huang faces removal as board considers Johny Srouji
Nvidia held an emergency board meeting to discuss removing CEO Jensen Huang following workplace relationship allegations. Apple hardware chief Johny Srouji is reportedly among the potential candidates to succeed him.
As tensions between the US and China continue, consecutive scandals involving Nvidia CEO Jensen Huang are coming to light. While shares of the tech giant fell following the incidents, Nvidia is preparing for a CEO change.
Following allegations of an internal workplace relationship, the board called an emergency meeting and reports state that Nvidia CEO Huang could step down within hours, with Apple hardware chief Johny Srouji among the potential successors.
Johny Srouji could become the new Nvidia CEO
The Nvidia board of directors convened an emergency meeting to discuss the removal process following reports that CEO Jensen Huang had a relationship with a company executive who reported directly to him. According to The Wall Street Journal, following the board meeting held last night, Huang is expected to be dismissed or asked to resign.
Chronology of the scandal: Confession and stock decline
The crisis began with a report published by The New York Times on October 29. The newspaper initially reported that Huang had a close relationship with a woman suspected of being a Chinese agent. Nvidia initially denied the claims, stating that there was no irregularity.
Huang publicly admitted to the relationship on November 8. Following this statement, Nvidia shares fell 5 percent and the board launched an independent internal investigation. Yesterday, after the same newspaper reported that Huang was also in a relationship with a company executive who reported directly to him, the board's decision-making process accelerated.
The names being considered by the board to fill the leadership void have begun to emerge. The first prominent name on the list reported by Bloomberg was Nvidia Chief Financial Officer (CFO) Colette Kress, who is seen as likely to be appointed interim CEO.
The most notable figure on the candidate list is Johny Srouji, Apple's Senior Vice President of Hardware Technologies. Srouji, who leads the development of in-house processors used in iPhone, Mac, and other Apple devices, is known for his background in chip design and product integration.
Industry analyses note that while Srouji's experience in Apple's closed ecosystem is technically strong, he has not yet tested the global sales and representation capabilities demonstrated by Huang at Nvidia in the broader market. Due to the need for extensive negotiations, Srouji taking on an interim role in the short term is considered unlikely.
This article was translated from Turkish. Read the original article in Turkish.
