NVIDIA Announces CEO Transition

Re:NVIDIA Announces CEO Transition by meowlamoon on Thursday November 12, 2026 @09:23AM (#50467720)

The board, made of 10 members, only has 3.94% of Nvidia share in total, out of which 3.58% is owned by Huang. Meaning that the 9 people pushing him out add up to own 0.36% of Nvidia share, only 0.36%

This is betray of shareholder interest. They don't own Nvidia, this is not their business, they just want to finish as soon as possible, and you get a mad result.

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Re:NVIDIA Announces CEO Transition by cochne on Thursday November 12, 2026 @09:29AM (#50467854)

If the board cannot fire the CEO they are not really a board

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Re:NVIDIA Announces CEO Transition by tacticalturtle on Thursday November 12, 2026 @09:38AM (#50468029)

The board of Nvidia is elected by the shareholders.

Shareholders voted on them in June:

https://www.sec.gov/Archives/edgar/data/1045810/000104581026...

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Re:NVIDIA Announces CEO Transition by meowlamoon on Thursday November 12, 2026 @10:31AM (#50469056)

They have the legality, but this particular decision is still a betrayal.

Just look at the stock price plunge after he resigns, and I think this is structural in loss of company value instead of temporary sentiment.

He IS the company's value.

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