News for hackers. Stuff that matters.
Re:NVIDIA Announces CEO Transition by heromal on Thursday November 12, 2026 @01:29PM (#50471897)
Many times, a board will maintain that they have full confidence in a CEO right up until they actually fire him. Their non-binding vote of confidence means nothing. Just as one example:

- July 25: Amid the Deepwater Horizon disaster, BP publicly stated that Hayward had the board's full support.

- July 27: BP formally announced that Hayward would step down as CEO, with Robert Dudley replacing him.

Similar situations with Bob Chapek, Travis Kalanick, the Boeing CEO in 2019 when all those crashes were happening, Carol Bartz, Bob Diamond...

Re:NVIDIA Announces CEO Transition by cmiles8 on Thursday November 12, 2026 @01:35PM (#50471988)
No board is going to say “we think the CEO is a bit crap, but we’re going to stick with them for now and see how it goes.”
Re:NVIDIA Announces CEO Transition by sandworm101 on Thursday November 12, 2026 @01:42PM (#50472098)
What about a board that says: "We think the CEO is a bit crap, but due to how the business is structured we have no actual power over him"? cough meta.
Re:NVIDIA Announces CEO Transition by unsupp0rted on Thursday November 12, 2026 @01:49PM (#50472203)
[delayed]
Re:NVIDIA Announces CEO Transition by kbenson on Thursday November 12, 2026 @02:31PM (#50472893)
But are there reasons for them to say it? They don't say it because there's no benefit to the company by saying it, either outright or implicit.
Re:NVIDIA Announces CEO Transition by sailfast on Thursday November 12, 2026 @02:03PM (#50472448)
[delayed]
Re:NVIDIA Announces CEO Transition by ako on Thursday November 12, 2026 @02:25PM (#50472795)
Did you expect anything else in a country that choose trump as their president?