Binance co-founder Changpeng Zhao has criticized Nvidia’s decision to let Jensen Huang leave, adding a prominent technology entrepreneur’s objection to the chipmaker’s leadership change. Zhao’s comment followed Nvidia’s confirmation that its co-founder had resigned with immediate effect.
“It’s a mistake for Nvidia to let Jensen resign,” Zhao wrote on X on November 12. The short post did not explain his reasoning or propose an alternative leadership arrangement for the company.
Nvidia’s announcement said Huang had stepped down as president, chief executive and a board member. Chief financial officer Colette Kress will serve as interim CEO while retaining her finance responsibilities until a permanent successor is appointed.
The leadership change follows the board’s November 8 independent inquiry into reports that Huang had been targeted by a foreign intelligence effort. At that time, the board said it had no reason to believe national security or Nvidia secrets had been compromised.
Nvidia is searching for a permanent CEO among internal and external candidates and has named Harvey C. Jones its first board chair. Jones said the board expects operations, customer commitments and the product roadmap to continue without interruption during the transition.
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