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Re:NVIDIA Announces CEO Transition by rcr-anti on Thursday November 12, 2026 @11:14AM (#50469788)
It is baffling to read comments that this is excusable or he should be retained 'in interest of the shareholders'. Setting aside the obviously poor judgement, the appearance of impropriety has serious ammunition behind a situation that already looked weird. More practically, he's compromised now. Whether it's further scandal or the impending criminal investigations, there might be further hooks people have on him.

The quote about succession planning is also a little out of context, he phrased it more that there should be continual information and responsibility sharing such that succession planning is effectively redundant or unnecessary.

I always wondered why investors were ok with not having any control due to dual structure shares and board composition. A "Great Men" theory of the world is a convenient and satisfying narrative, but it's usually not the best at explaining things. As the saying goes, "The cemeteries are full of indispensable men".

Re:NVIDIA Announces CEO Transition by dozerly on Thursday November 12, 2026 @11:29AM (#50470000)
People have a lot of net worth tied into the economy. Nvidia is a lynchpin in the economy. People are biased towards keeping their net worth up.
Re:NVIDIA Announces CEO Transition by quentindanjou on Thursday November 12, 2026 @11:35AM (#50470080)
A lot of people here hold NVDA shares, so there is a lot of conflict of interest in the comments.
Re:NVIDIA Announces CEO Transition by eldenring on Thursday November 12, 2026 @11:39AM (#50470134)
I dont understand this argument, its either a shareholder concern or a criminal concern? a "conflict of interest" is a term used when a 3rd party needs to be unbiased ex government or law. You wouldn't say its a conflict of interest if your favourite sports team trades their best player
Re:NVIDIA Announces CEO Transition by xboxnolifes on Thursday November 12, 2026 @12:18PM (#50470747)
Do you make money when your favorite sports team does well?
Re:NVIDIA Announces CEO Transition by charlieyu1 on Thursday November 12, 2026 @12:31PM (#50470959)
Being a Manchester United fan, apparently not
Re:NVIDIA Announces CEO Transition by doublepg23 on Thursday November 12, 2026 @12:28PM (#50470897)
I mean, doesn't basically everyone with a 401k?
Re:NVIDIA Announces CEO Transition by torginus on Thursday November 12, 2026 @01:55PM (#50472303)
Which is exactly the right attitude to have. He's not a hollywood celeb, nor is he even a politician. He was involved in a private scandal, that doesn't compromise his ability to lead a company to profitability, no matter what I think of him a a person.

The market has reacted this way for a reason - Nvidia share prices fell a lot over the past few days.

If the espionage probe was serious (and it was known about in intelligence circles going back as much as a year), it would be handle much differently, with charges brought agains him or his company being sanctioned.

Re:NVIDIA Announces CEO Transition by drakythe on Thursday November 12, 2026 @02:09PM (#50472550)
Person A having an affair with Person B when Person B is a direct report or directly within Person A's power in the company is a disqualification for leadership. Full stop. It is an abuse and shows that Person A is willing to abuse their position for personal gain. They cannot be trusted any longer.
Re:NVIDIA Announces CEO Transition by Panoramix on Thursday November 12, 2026 @02:37PM (#50472991)
Oh, like Bill Clinton?
Re:NVIDIA Announces CEO Transition by LetsGetTechnicl on Thursday November 12, 2026 @02:40PM (#50473034)
The one who was impeached?
Re:NVIDIA Announces CEO Transition by xnx on Thursday November 12, 2026 @02:55PM (#50473259)
For lying under oath, right? Not for an affair.
Re:NVIDIA Announces CEO Transition by csallen on Thursday November 12, 2026 @02:50PM (#50473178)
You're entitled to your opinion, and I'm not saying I disagree, but you should be aware that it's just an opinion. You're stating it as if it's some sort of objective fact.

Many people could just say the exact opposite of your sentence, i.e. "not a disqualification" and "can still be trusted". Furthermore, These people could supply many historical examples of leaders who did similar things and went on to remain great/effective leaders of the things they were charged to lead.

Re:NVIDIA Announces CEO Transition by enraged_camel on Thursday November 12, 2026 @03:13PM (#50473483)
>> You're entitled to your opinion, and I'm not saying I disagree, but you should be aware that it's just an opinion. You're stating it as if it's some sort of objective fact.

It may not be a fact per se, but in the United States it is widely agreed upon that romantic relationships with subordinates is a big no-no from an ethics perspective (due to power dynamics and high potential for abuse), in addition to being a serious liability for the company.

Re:NVIDIA Announces CEO Transition by NetMageSCW on Thursday November 12, 2026 @03:42PM (#50473969)
Exactly how would this constitute a “serious liability” for the company?
Re:NVIDIA Announces CEO Transition by voxl on Thursday November 12, 2026 @03:02PM (#50473362)
This is moral grandstanding with no substance.
Re:NVIDIA Announces CEO Transition by robrain on Thursday November 12, 2026 @02:12PM (#50472608)
> with charges brought agains him or his company being sanctioned.

With a sane administration that hadn't possibly looked the other way due to emoluments (allegedly), maybe. Who knows what the response will be from the current mob (gentle pun intended).

Re:NVIDIA Announces CEO Transition by eatsyourtacos on Thursday November 12, 2026 @02:13PM (#50472626)
Spoken like someone who puts all his eggs in something he has no control over. It's crazy how oblivious you are to this insane situation "investing" has become in this country. It's gambling. You don't control anything. You just hope for the best. It's all a house of cards.
Re:NVIDIA Announces CEO Transition by mcmcmc on Thursday November 12, 2026 @02:23PM (#50472764)
[delayed]
Re:NVIDIA Announces CEO Transition by afavour on Thursday November 12, 2026 @03:47PM (#50474036)
> If the espionage probe was serious (and it was known about in intelligence circles going back as much as a year), it would be handle much differently, with charges brought agains him or his company being sanctioned.

My pet theory about why it was leaked is because the very serious reports were sent to the White House and they then did absolutely nothing about it. Just because this, wildly corrupt, current administration has not brought charges does not mean it won't happen in the future.

Re:NVIDIA Announces CEO Transition by mahboi on Thursday November 12, 2026 @03:40PM (#50473931)
We're taught in school that ad hominem is a logical fallacy, but you know, sometimes it's not.

If someone holds NVDA, nothing out of their mouth about NVDA matters to me. Even if they're stating a fact, cool, I can find those from someone else. The one exception is if they're willing to double down right now.

Re:NVIDIA Announces CEO Transition by tomjen3 on Thursday November 12, 2026 @11:39AM (#50470145)
A company is not required to maintain a look of propriety. A company is not required to not look fishy. A company is not required to care how it is observed by the public at large. It is required only to maximize shareholder value.

There is no doubt that his sexscapades were stupid, but at the same time there is only one question that should matter for the board. Will the shareholders make more money with him or without?

Re:NVIDIA Announces CEO Transition by criddell on Thursday November 12, 2026 @11:44AM (#50470222)
> There is no doubt that his sexscapades were stupid

Sure, but his selling into China might be criminal. Or would you also excuse criminal behavior that's profitable?

Re:NVIDIA Announces CEO Transition by therealdrag0 on Thursday November 12, 2026 @02:32PM (#50472928)
Maybe the board knows more than we do, but so far there is no public substantiation of these points. Obviously if he’s convicted, he can’t be CEO from jail, but why make company decisions a day after a new story broke?
Re:NVIDIA Announces CEO Transition by criddell on Thursday November 12, 2026 @02:47PM (#50473134)
[delayed]
Re:NVIDIA Announces CEO Transition by therealdrag0 on Thursday November 12, 2026 @03:06PM (#50473403)
Sure, of course they know more in the banal absolute sense.

But do they know more material information that we would all agree makes this not a hysterical witch hunt I don’t think we can be so confident about that.

Even if their information comes from American security personnel that should still be taken with the grain of salt.

We all remember Iraq, don’t we?

Re:NVIDIA Announces CEO Transition by csh0 on Thursday November 12, 2026 @11:45AM (#50470235)
“Modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not.”[0]

Supreme Court disagrees that a company is required “only required to maximize shareholder value”, do you have any evidence to support your claim?

[0]https://caselaw.findlaw.com/court/us-supreme-court/13-354.ht...

Re:NVIDIA Announces CEO Transition by SaucyWrong on Thursday November 12, 2026 @11:59AM (#50470447)
This person does not have any evidence to support their claim. The notion that shareholder primacy is enshrined in settled law (when in fact, as you point out, the opposite is true) is widely believed in the HN comments pages.
Re:NVIDIA Announces CEO Transition by gtirloni on Thursday November 12, 2026 @12:22PM (#50470801)
It's a simple concept to understand so pick stick to it as being the truth.
Re:NVIDIA Announces CEO Transition by hirako2000 on Thursday November 12, 2026 @12:14PM (#50470687)
Within the constraints of the law is my understanding.
Re:NVIDIA Announces CEO Transition by bluefirebrand on Thursday November 12, 2026 @12:04PM (#50470517)
> there is only one question that should matter for the board. Will the shareholders make more money with him or without?

I think "can we trust this person to act in the best interests of this company?" is a more accurate question

I don't think these scandals are in NVidias best interest, and the hits the share value have taken seem to support that

Re:NVIDIA Announces CEO Transition by deaton on Thursday November 12, 2026 @01:44PM (#50472118)
Shareholder primacy at the expense of everything else is a ridiculous and relatively new idea. There is no reason that it has to be that way other than that Milton Friedman thought it was a good optimization problem.
Re:NVIDIA Announces CEO Transition by stetrain on Thursday November 12, 2026 @11:53AM (#50470362)
I find it interesting to see so much blame being directed at the act of removing one person who may have been holding up trillions of value in the stock market, rather than at the market and industry conditions that led to so much value being supported by one person in the first place.
Re:NVIDIA Announces CEO Transition by retwakm4 on Thursday November 12, 2026 @03:43PM (#50473989)
I agree. I certainly don't believe in the efficient markets hypothesis. HN AI glazers certainly do though.
Re:NVIDIA Announces CEO Transition by locallost on Thursday November 12, 2026 @12:23PM (#50470820)
What's really inexcusable about it? It might be part of the standard US corporate culture, but still idiotic.
Re:NVIDIA Announces CEO Transition by biggoodwolf on Thursday November 12, 2026 @12:45PM (#50471186)
He'd get more of a free pass if he had gone to JE island
Re:NVIDIA Announces CEO Transition by Andrex on Thursday November 12, 2026 @12:35PM (#50471038)
This guy had a cult of personality I did not know about until this comment thread.

"He created so much shareholder value."

"Unlike Elon he shared the wealth with the company."

"The US is worse off without him."

I'm sorry but a patsy who is this gullible, or a CCP-friendly traitor that is this slimy (the jury is still out), should not be in this position of power.

Cool for all he accomplished so far. This isn't a situation that deserves a second chance.

Re:NVIDIA Announces CEO Transition by sneak on Thursday November 12, 2026 @03:33PM (#50473813)
Not everyone believes in the idea of nations or national security.

I don’t care one whit who he sells chips to, or who he’s fucking when he’s not selling those chips.

That isn’t immoral, it’s normal and reasonable.

Re:NVIDIA Announces CEO Transition by mahboi on Thursday November 12, 2026 @03:37PM (#50473886)
I only care that Nvidia gets to do this while nobody else can.
Re:NVIDIA Announces CEO Transition by JumpCrisscross on Thursday November 12, 2026 @01:10PM (#50471554)
> baffling to read comments that this is excusable or he should be retained 'in interest of the shareholders'

If you want Exhibit A for the moral corruption of Silicon Valley’s culture, this is it. And it’s not tied to shareholdings. It’s the quasi-monarchic strain of worship that has been poisoning Valley culture for at least a decade now.

Re:NVIDIA Announces CEO Transition by ngruhn on Thursday November 12, 2026 @02:28PM (#50472861)
I mean the guy had an affair. Or two. Or more. Not cool and that one turned out to be a Chinese spy makes it quite impactful. But from a pure "moral corruption" standpoint this is not worse than your average college frat house.
Re:NVIDIA Announces CEO Transition by mahboi on Thursday November 12, 2026 @03:36PM (#50473864)
The affair(s) were tied to skirting export bans.
Re:NVIDIA Announces CEO Transition by whalesalad on Thursday November 12, 2026 @01:13PM (#50471601)
One of the greatest fallacies of modern times is that people are not human. There is this expectation that people will be perfect and flawless and make zero mistakes. That is incongruent with human nature. The dude had two consensual relationships outside his marriage. To err is human... this is all so overblown.

Meanwhile we have a felon in the white house (sexual assault)

Re:NVIDIA Announces CEO Transition by Starman_Jones on Thursday November 12, 2026 @02:29PM (#50472872)
This isn’t a unique situation. When your error is sleeping with a subordinate, you get fired. That’s universally true in the corporate world. No reason this should be any different from the countless times it’s happened before.
Re:NVIDIA Announces CEO Transition by lowbloodsugar on Thursday November 12, 2026 @02:35PM (#50472956)
"Appearance of impropriety". Fuck all you puritans.

Ah yes. Being gay disqualified you from security clearance. Why? Because if you are gay, then you can be blackmailed. Why? Because you might lose your security clearance.