Nvidia CEO Jensen Huang’s position is under serious pressure after a report alleged a second extramarital relationship with a senior company executive. Meanwhile, Traders on Polymarket put his exit odds at 88%.
Nvidia’s board had a closed-door meeting to decide his successor. Here are some of the names who could replace him.
Second Affair Report Puts Huang’s CEO Role at Risk
A recent report by The New York Times claims that Nvidia CEO Jensen Huang had a second extramarital relationship with Kimberly Powell, 48, the company’s vice president of healthcare, who reports directly to him.
Huang is already under investigation over reports of a relationship with Alice Huang, a former executive at Megaspeed, whom U.S. intelligence identified as a suspected Chinese spy.
Now that the second affair has been reported, it has raised concerns over a possible breach of Nvidia’s code of conduct, which tells employees to avoid personal relationships that could create conflicts of interest. Similar issues have led to other high-profile CEOs losing their jobs.
This news has affected Nvidia shares, which fell more than 10% within hours of the news. NVDA was trading at $173.70.
Meanwhile, Polymarket odds of Huang resigning or being removed by the end of 2026 briefly reached 88%. On Kalshi, traders put the odds of him leaving the CEO role by December 1 at 80%.
Nvidia Holds Emergency Board Meeting Over Huang’s Future
On November 11, Nvidia’s board reportedly held a closed-door emergency meeting to decide whether Jensen Huang should remain CEO.
Nvidia has 11 board members, 10 of whom are independent directors. Under the company’s rules, a simple majority of the independent directors can remove Huang as CEO, with or without cause. Huang also has no special voting rights that would allow him to block the decision.
The board hired Wachtell, Lipton, Rosen & Katz on November 10 to investigate both matters.
The investigation will cover both his reported relationship with Alice Huang, who is suspected of having links to Chinese intelligence, and the newly reported relationship with Nvidia Vice President Kimberly Powell.
Who Could Become Nvidia’s Next CEO?
Nvidia has not named an official successor, but several executives are being discussed as possible replacements.
Colette Kress, Nvidia’s CFO, is reportedly the leading internal candidate for an interim role. Ian Buck, a senior AI executive who has played a major role in Nvidia’s CUDA ecosystem, is also being considered as a potential long-term successor.
Other names being discussed include hardware engineering executive Andrew Bell, Nvidia executives Jeff Fisher and Bryan Catanzaro, co-founder Chris Malachowsky, and Rene Haas, CEO of Arm, Spencer Huang, Madison Huang and Nico Caprez.
External names include Rene Haas, CEO of Arm; Lisa Su, CEO of AMD; Thomas Kurian, CEO of Google Cloud; Matt Garman, CEO of AWS; Tim Cook, Apple’s executive chairman; and Eric Schmidt, former Google CEO.
The board’s decision will determine whether the company enters a new leadership era just days before its November 17 quarter third earnings report.
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