Bessent says Nvidia must 'go outside the company' to find new CEO
US Treasury Secretary Scott Bessent stated on Sunday that Nvidia must look outside the company to appoint a new CEO following Jensen Huang's abrupt resignation last week. Huang stepped down on Thursday due to revelations of extramarital affairs, which have caused significant turmoil within the chipmaker. Bessent expressed concern about the board's conduct in searching for a new leader, asserting that they must undertake a "dramatic shakeup" given the internal issues.
He also urged Nvidia's board and external counsel to respond to questions about the company's compliance with export restrictions within a 10-day timeframe. The board has reportedly considered British chipmaker Arm Holdings CEO Rene Haas as a potential replacement for Huang, according to the Financial Times.
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