Huida is looking for Huang Renxun’s successor! The board of directors is rumored to be considering letting the "interim CEO" take office first

Huida CEO Jen-Hsun Huang has another extramarital affair. In addition to Huang Le, a woman suspected of being a Chinese spy, he also had an extramarital affair with Kimberly Powell, the vice president of the medical industry who reported directly to him. After the extramarital affairs were revealed one after another, Huida's board of directors is preparing to hold a meeting as soon as today to decide on Huang's departure. The latest report from Bloomberg pointed out that Huida’s board of directors has entrusted an external agency to identify candidates for the next CEO.

The New York Times quoted five people who had worked for NVIDIA as saying that Huang had developed a relationship with Powell, NVIDIA's vice president of medical business. Now in March this year, during a large conference at NVIDIA, Huang Jenxun was photographed interacting closely with Powell in a hotel in San Jose, California, but both parties are married. Although the bystander recorded the video on his mobile phone, Huang's security personnel immediately isolated the bystander at the scene and asked him to sign a non-disclosure agreement (NDA).

The report mentioned that 48-year-old Powell joined Huida in 2008 and was promoted to vice president of healthcare in 2017, responsible for leading the introduction of chips and AI into medical imaging, biotechnology and drug research and development and other businesses. Insiders revealed that due to Powell's lack of medical and scientific background, the scandal between the two has been circulating within the company for several years.

The Wall Street Journal earlier reported, citing unnamed people familiar with the matter, that Huida’s board of directors was preparing to remove Huang from his post.

The "Bloomberg" report quoted people familiar with the matter as saying that Huida's board of directors has been working with an external agency to identify potential successors to CEO Huang Renxun. In addition to searching for a long-term successor, Huida's board is also evaluating whether to first install an interim CEO to keep the company running while it searches for a formal successor or handles a transition period, the person said.

Analysts believe that Colette Kress, Huida’s current chief financial officer (CFO), is the most appropriate candidate who can best stabilize market trust. She has served as Huida's chief financial officer since 2013. She has long represented the company at financial reporting meetings and communicated with investors. She has a high degree of financial leadership experience and market integrity.