Commentary: Jensen Huang may prove that the ‘irreplaceable CEO’ is a myth
Jensen Huang's successor will have to figure out how to run a company built around someone who is no longer there, says Beth Kowitt for Bloomberg Opinion.
The recent departure of Nvidia CEO Jensen Huang has sparked discussions about the idea of an "irreplaceable CEO." Larry Ellison, CEO of Oracle, once used the term to describe Steve Jobs, suggesting that Jobs was unique and couldn't be replaced. Similarly, Jeff Bezos, founder and CEO of Amazon, was also dubbed "irreplaceable." However, both companies managed to thrive without their founders, suggesting that having an irreplaceable CEO may not be the key to long-term success.
Huang's situation at Nvidia is different, as the company appears to be structured in a way that heavily relies on his presence. There is no clear successor in place, and the board has yet to develop a plan for leadership after his departure. If Huang's successor is to navigate this new reality, they will need to figure out how to run a company built around someone who is no longer there. This calls for a different approach than simply hoping that someone can "replace" the founder.
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