Nvidia’s board is reportedly meeting today regarding Jensen’s scandal.
According to Reuters, Nvidia’s board is meeting today to decide the fate of CEO Jensen Huang, following his admission of a romantic affair with a now-suspected Chinese spy. Following revelations of the affair, Nvidia had stated that it would investigate its CEO’s actions.
While an update on the investigation has not been given just yet, the board is reportedly convening to decide if Huang still has a future at Nvidia.
Is Jensen Huang going to stay as Nvidia’s CEO?
According to Reuters, Nvidia’s bylaws state that Huang can be removed “with or without case” as long as a majority vote of directors is attained. The company has 11 directors all in all, and is likely going concerned with its stock tipping downwards following allegations of Huang having an extramarital affair with a Chinese spy.
However, the report also lays out that Nvidia would be in a troubling place without Huang. The company would have a leadership vacuum with no immediate choice of successor, as none were put in place before his affair came to light. Huang is said to maintain a tight level of control over the company, which would leave it in a more unfocused place following his potential departure.
Whether or not the board ousts Huang remains to be seen, however. Recently, a report from the New York Times alleged that Huang had also engaged in a second affair with an Nvidia executive who directly reported to him, once again landing him in hot water.
