Nvidia board says no search firm yet hired for permanent CEO successor
Nvidia's board told CNBC it has not yet selected a search firm to help find a permanent replacement for former CEO Jensen Huang, and has not formally engaged any candidates. Interim CEO Colette Kress, Nvidia's CFO, is running the company while the board weighs internal and external options, dismissing a Financial Times report that it had approached Arm CEO Rene Haas as premature.
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The board's denial suggests Nvidia wants to control the narrative around succession amid intense scrutiny following Huang's departure over reported affairs, including one with a woman described as a suspected Chinese intelligence asset. With shares down and the market cap below $4 trillion, and lawmakers demanding testimony from Huang, the leadership vacuum could add pressure to an already fraught national-security and investor-confidence situation.
- Nvidia's board says it has not yet hired a search firm or engaged candidates for Huang's permanent replacement.
- Colette Kress, Nvidia's CFO, remains interim CEO as the search continues.
- Reports naming Arm CEO Rene Haas as a candidate were called premature by the board, amid ongoing probes and congressional scrutiny of Huang's conduct.
Source: cnbc.com — Seema Mody Annie Palmer, 2026-11-13
Published there as: “Nvidia hasn’t selected search firm for permanent Huang replacement, board tells CNBC”
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