Update, November 12: Jensen Huang has resigned, effective immediately. Nvidia named Colette Kress interim CEO. Read the latest announcement.
Nvidia’s board was meeting Wednesday to decide whether to remove CEO Jensen Huang, Reuters reported, citing a person familiar with the matter. Bloomberg reported that an outside firm is identifying potential successors.
Former Apple CEO Tim Cook is among the names floated by Yale’s Jeffrey Sonnenfeld as a possible successor. At the time of this November 11 report, Nvidia had not announced a replacement.
The moves follow reports of two extramarital relationships, including one involving a woman suspected of working for Chinese intelligence. Huang acknowledged being unfaithful to his wife in a message to employees, Bloomberg reported Sunday.
Nvidia announced an independent investigation November 8, overseen by independent directors and outside counsel. At that time, the board said it had no reason to believe company secrets or national security had been compromised. No departure or successor had been announced when this story was originally published November 11.