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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 criddell on Thursday November 12, 2026 @04:00PM (#50474211)
Have you seen this from earlier this year:

https://culperresearch.com/wp-content/uploads/2026/05/Culper...

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.