Nvidia’s board is debating CEO Jensen Huang’s future amid a stock plunge, highlighting a critical governance gap where the company lacks a succession plan for its indispensable leader.
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You can read the latest report on Nvidia and Jensen Huang’s future as CEO hereToo big – and too well-connected – to sack? Huang does not enjoy the supercharged voting rights that are par for the course elsewhere – his shareholding is a plain vanilla 3.6%. On the other hand, Nvidia’s board does not appear to have spent much time worrying about succession planning and “key person risk” or other standard concerns of corporate governance wonks outside the US. Continue reading...
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