Nvidia’s directors are choosing an outside firm to guide the search for a permanent chief executive and have not formally brought prospective candidates into the process, CNBC reported Friday.
People familiar with Nvidia’s deliberations told the Financial Times that directors had contacted Arm CEO Rene Haas about the job. In a statement to CNBC, the board called speculation about specific prospects premature. It said, “We have not formally engaged any potential candidates.”
Nvidia announced the succession after Jensen Huang resigned as CEO. Chief Financial Officer Colette Kress is serving as interim CEO, and the company said directors would consider candidates from inside and outside Nvidia. EconoTimes previously covered Kress’ appointment and the permanent CEO search.
CNBC reported that Nvidia shares lost more than 2% Friday, with the company’s market capitalization moving below $4 trillion. The outlet said investors were weighing Huang’s departure and ongoing probes into his conduct. Selecting the search firm remains the board’s next step toward finding a permanent successor.
