New candidate emerges to replace Jensen Huang as Nvidia CEO
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New candidate emerges to replace Jensen Huang as Nvidia CEO

Fox Business • • business

Key Points:

  • Nvidia's Board of Directors has approached Rene Haas, CEO of British chipmaker Arm and former Nvidia employee, as a potential successor to outgoing CEO Jensen Huang.
  • Huang resigned following an investigation into his reported affair with a tech executive suspected of being a Chinese intelligence source and alleged extramarital relationships with Nvidia employees.
  • Colette Kress, Nvidia's executive vice president and chief financial officer, has been named interim CEO while the board conducts a search for a permanent replacement.
  • Nvidia praised Huang's significant contributions to the company and highlighted Kress's key role in Nvidia's growth and financial leadership since 2013.
  • Arm's spokesperson declined to comment on the report regarding Haas's potential move to Nvidia.

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