Huang gone as Nvidia names interim CEO; Johny Srouji listed among possible replacements after Jensen fired
Board considers Huang’s future
The New York Times reported on October 29 that Huang had a “close relationship” with a woman suspected of being a Chinese spy. Nvidia initially said the relationship was not out of the ordinary. Huang publicly acknowledged the affair on November 8.
Kress named interim CEO
The account’s initial report said Huang was expected to be fired, possibly later that day, though he might be allowed to resign. Its update says he was gone and CFO Colette Kress had been named interim CEO. The report had identified Kress as a likely choice for an interim role, while leaving open whether she might become permanent CEO.
Srouji among possible successors
Bloomberg’s rundown of possible candidates included Johny Srouji, Apple’s chief hardware officer. He has overseen custom chips used in the iPhone, Mac and other Apple devices, building experience in chip design, product integration and technology planning.
The account says Srouji has not been tested in the high-profile sales role associated with Huang. It also describes an appointment as unlikely, citing the time needed for negotiations and his recent promotion at Apple.
Key points
- Huang admitted to an affair on November 8, and Nvidia shares fell 5%.
- Nvidia’s board opened an independent investigation and discussed Huang’s future.
- An update says Colette Kress was named interim CEO after Huang left.
- Johny Srouji was listed among possible successors, but his appointment was described as unlikely.