Nvidia board working with outside firm to identify CEO Jensen Huang's replacements after reports of multiple affairs: Report

Detailed summary

The board is considering naming a temporary chief while searching for a permanent one, a person familiar with the situation said. | World News

Amid reports that Nvidia CEO Jensen Huang has had multiple extramarital affairs, including one with an alleged Chinese spy, the tech giant's board has been working with an outside firm to identify potential successors as it prepares to meet as early as Wednesday (local time) to decide Huang's future at the company.

The board is considering naming a temporary chief while searching for a permanent one, a person familiar with the situation said, asking not to be identified because the information isn’t public, Bloomberg reported.

This comes after Jensen Huang admitted to having an affair with a woman suspected by the United States of being a Chinese spy. Huang's admission came in an email to Nvidia employees on Sunday after the company launched an internal probe.

Earlier on Wednesday, The New York Times reported that Huang had an affair with a company executive who reported directly to him. The newspaper identified the executive as Kimberly Powell, Nvidia's vice president of healthcare, citing five people who had worked at the company.

Directors are likely to meet on Wednesday (local time) to discuss Huang’s fate at the company, according to people familiar with the situation, Bloomberg reported. The Wall Street Journal said earlier that the board was preparing to oust Huang, citing unidentified people familiar with the matter. Nvidia didn’t immediately respond to WSJ's request for comment.

The White House will not intervene in Nvidia board’s decision on Huang, Washington Post reported.

Nvidia’s board has been facing a succession crisis since Sunday when Huang admitted that he’d had an affair with Alice Huang, an executive at Asian technology firm Megaspeed International. She has been suspected of operating as an agent on behalf of the Chinese government. US intelligence officials have said Alice facilitated shipments of Nvidia chips to Chinese companies.

The disclosure and subsequent reports have left the board with a difficult option – remove Jensen Huang, Nvidia's founder…

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