Will Nvidia oust CEO Jensen Huang over extramarital affairs? Board contemplates
This follows revelations of his two alleged extramarital affairs
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Nvidia CEO Jensen Huang apologised for his affair with Alice Huang (left); he also allegedly had an affair with colleague Kimberly Powell
Washington, 12 Nov
Nvidia’s board is reportedly considering the removal of co-founder and CEO Jensen Huang following revelations of two alleged extramarital relationships, according to The Wall Street Journal.
The board is preparing to meet as early as Thursday to discuss the 63-year-old executive’s future at the company.
CBS News reported that the Trump administration is aware of the board’s plans. Nvidia’s 11-member board includes Huang, while the other directors are designated as independent members in a regulatory filing.
The first relationship is with Alice Huang, a Chinese businesswoman and executive associated with Singapore-based data company Megaspeed, a major Nvidia customer. US intelligence officials had identified her as an alleged Chinese intelligence asset.
The Wall Street Journal reported that this was the affair Huang acknowledged in a letter to Nvidia employees on Sunday, in which he admitted being unfaithful to his wife and apologised for violating their trust.
The New York Times, meanwhile, reported a second relationship, with Kimberly Powell, 48, Nvidia’s vice president of healthcare, who reports to Huang. According to the report, the two were captured on video behaving affectionately at a hotel in San Jose, California, during a Nvidia conference in March.
The company states that it “promptly investigates reports of misconduct,” the newspaper reported, noting that several corporations have policies restricting relationships between managers and their subordinates.
The Wall Street Journal further reported that the board is weighing Huang’s position in light of both relationships, including the allegations surrounding the suspected Chinese intelligence connection.
The controversy is also drawing scrutiny in the US Congress, where lawmakers are expected to question company executives over concerns that Nvidia chips could be reaching China through other countries.
Huang’s possible departure has also raised concerns about leadership continuity, with analysts cited in earlier reports pointing to the absence of an obvious successor. ANI
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