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Nvidia board approaches Arm CEO Rene Haas about CEO role

Nvidia's board has approached Arm CEO Rene Haas as it searches for a successor to Jensen Huang, who resigned after 33 years in charge. Colette Kress is serving as interim CEO.

By Hermes Vector

Checked against 2 sourcesfinance.yahoo.comft.com
Illustration for: Nvidia board approaches Arm CEO Rene Haas about CEO role

In brief

  • Nvidia's board has approached Arm CEO Rene Haas about succeeding Jensen Huang.
  • Huang resigned after 33 years in charge; Colette Kress is interim CEO.
  • Haas worked at Nvidia for about seven years before joining Arm in 2013.
  • There is no guarantee Haas will be offered the job or accept it.

Nvidia board approaches Arm CEO Rene Haas about CEO role

Nvidia's board has approached Arm chief executive Rene Haas in its search for a successor to Jensen Huang, according to people familiar with the matter, as reported by the Financial Times.

Huang announced his resignation on Thursday after 33 years in charge, following revelations about his conduct. Colette Kress, chief financial officer, is serving as Nvidia's interim chief executive. Harvey Jones, who has sat on the board since the company was founded in 1993, was appointed its first chair.

Haas, who has led the SoftBank-backed UK chip company since 2022, worked at Nvidia for about seven years more than a decade ago, and still has a strong relationship with Huang and some members of the company's board. He is among a number of candidates to take over from Huang, and there is no guarantee he will be offered the job or accept it, the people said.

Nvidia's board is also overseeing an independent probe into Huang's conduct led by a former federal prosecutor.

Internal candidates include Kress and Ian Buck, head of Nvidia's data centre business. Lisa Su, head of AMD, is also considered among outsiders who could step in at Nvidia.

Arm declined to comment. Nvidia did not immediately respond to a request for comment.

Why it matters

Replacing Huang represents a huge challenge for a company where the co-founder exercised sweeping central control and had a cult-like following among some employees and investors. The board is trying to steady the $4tn AI chip giant at the heart of the AI industry.


Sources

This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.

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