NVIDIA Shareholders Write to Board, Urge Retention of Option for Jensen Huang's Return
TechFlow reports that on November 14, Altimeter Capital founder Brad Gerstner disclosed that Altimeter and Atreides Management, two investment firms, sent a letter to NVIDIA’s board of directors in their capacity as shareholders, urging the board to carefully handle the company’s future leadership arrangements and keep all options open, including a return by Jensen Huang.The joint letter stated that significant uncertainties remain surrounding the recent events regarding Jensen Huang’s departure, and the board should not rush to find a successor before understanding all the facts. The letter added that interim CEO Colette Kress and her team are capable of leading the company during the transition period.
TechFlow reports that on November 14, Altimeter Capital founder Brad Gerstner disclosed that Altimeter and Atreides Management, two investment firms, sent a letter to NVIDIA’s board of directors in their capacity as shareholders, urging the board to carefully handle the company’s future leadership arrangements and keep all options open, including a return by Jensen Huang.
The joint letter stated that significant uncertainties remain surrounding the recent events regarding Jensen Huang’s departure, and the board should not rush to find a successor before understanding all the facts. The letter added that interim CEO Colette Kress and her team are capable of leading the company during the transition period.
