
Experts name former Apple CEO Cook and former Google CEO Schmidt as potential external successors
AI-generated summary
Huida's board of directors has launched an investigation into Chief Executive Huang Jen-Hsun's two extramarital affairs, including with a suspected Chinese spy and Medical Vice President Powell, and may hold a meeting to discuss his replacement. Huida has no public succession plan.
NVIDIA CEO Jen-Hsun Huang has another affair. In addition to having an extramarital affair with Huang Le, a suspected Chinese spy, he also had an extramarital affair with Kimberly Powell, Vice President of NVIDIA's medical business. The second extramarital affair directly violated the company's taboo. As a result, NVIDIA's board of directors has launched an investigation and will hold a meeting to discuss whether to replace the co-founder and CEO. It has also made the outside world curious. If Huang Renxun steps down, who will be his successor? In this regard, some experts named former Apple CEO Tim Cook.
Jeffrey Sonnenfeld, a professor at Yale University who has long studied corporate leadership and CEO succession systems, and Steven Tian, research director of the Yale Executive Leadership Institute (CELI), and Stephen Henriks, a senior researcher at the Yale University Executive Leadership Institute (CELI) Henriques wrote in "TIME" that Huida does not have a public succession plan, so for Huida's board of directors, they cannot find a candidate with the necessary CEO experience from the board of directors to temporarily take over the position, like the emergency succession cases of some other companies, to buy time for the board of directors to find a new candidate.
An important internal successor candidate for Huida is senior financial officer Colette Kress. She is well-known and highly respected in Silicon Valley and Wall Street circles, but Kress's professional background is not in the technology field.
Another candidate is Ian Buck. Buck is the vice president of Huida's hyperscale and HPC division. He will be a very strong successor because Buck has the technical expertise, customer relationships, experience, and relationships with employees required for this position. He has received strong endorsements from many important commentators as the next CEO.
The article is very happy to see Buck or Kress serve as interim CEO, believing that this will be of great help to Huida's long-term development. Even during the interim transition period, the partnership model of Buck and Kress serving as CEOs can be adopted.
However, if Huida's board of directors believes that the company needs an external leader to stabilize the situation in the long term, the article identifies two candidates worth noting, one of whom is Apple's former CEO Cook.
The article pointed out that Cook's achievements need no explanation. After taking over from Steve Jobs, he pushed Apple's market value from about US$350 billion to US$4 trillion, and mastered the same Asian supply chain that Huida relies on for every chip. At the same time, he turned Apple to use its own designed chips. Cook has a track record of successfully succeeding a charismatic founder who was inseparable from the company's identity, and proving that a company can still thrive without a founder.
The other person is former Google CEO Eric Schmidt. Schmidt joined Google in 2001 as a senior business executive, working side by side with the company's founders and building Google into a global giant.
AI outlook — possibilities, not facts
Huida's board of directors will hold a meeting to discuss whether to replace Huang Renxun
Likely · Within days
If Jen-Hsun Huang steps down, Cook or Schmidt may be considered as external successors
Possible · Within weeks

Huida CEO Jen-Hsun Huang admitted to having an extramarital affair with a female executive who reported directly to him, after it was revealed that he had an affair with a woman identified by U.S. intelligence agencies as a Chinese spy. Huida's board of directors is meeting to decide on his departure and to find a successor. After the news came out, the stock price fell by about 8% after the market closed, and shareholders also filed a class action lawsuit.

The board of directors of Chuanhuida will hold a meeting as soon as today to decide whether Huang will stay or not. He has been accused of stepping on the red line due to his series of extramarital affairs and his affair with his subordinate Bauer. The prediction market shows that the chance of his removal before the end of the year is about 88%, and Ian, Kress and Cook are all potential successors.

The People's Bank of China removed its pledge to introduce pragmatic and effective incremental policies from its third-quarter monetary policy implementation report while maintaining its moderately loose monetary policy stance.

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Yin Yanlin, a member of the National Committee of the Chinese People's Political Consultative Conference, said at the 17th Caixin Summit that China's economy provides important support for world economic growth and that the power structure is undergoing positive changes. He pointed out that the global economy is facing the "three highs" challenges of high interest rates, high debt, and high uncertainty, and called for persistence in open cooperation and maintaining the stability of the multilateral system.

Huida CEO Huang Jen-Hsun was involved in extramarital affairs and espionage accusations. The board of directors investigated and discussed his dismissal. The weighted index of Taiwan stocks sharply dropped more than 1,000 points during the session. TSMC and MediaTek weakened. The PCB and heat dissipation groups were hit. Analysts believe that the short-term AI group is facing emotional fluctuations, but the fundamentals are still strong.