BlockBeats news, November 15 - According to The Washington Post, after Jensen Huang resigned as CEO, Nvidia faces not only the challenge of finding a new leader but also taking over a management system that has long revolved around its founder. Jensen Huang led Nvidia for over 30 years, employing a flat management structure where about 60 people reported directly to him, with major decisions concentrated in his hands. Nvidia currently has CFO Colette Kress serving as interim CEO. According to sources familiar with the matter, Jensen Huang is still involved in the selection of his successor and has called at least one potential candidate.
Jensen Huang also personally maintained Nvidia's relationships with key suppliers. He has long had close ties with TSMC founder Morris Chang, a relationship that once helped Nvidia secure priority access to scarce manufacturing capacity. Harvard Business School professor Andy Wu believes that with Amazon and Google also competing for TSMC's limited capacity, it is uncertain whether Nvidia can maintain its original share of capacity. An Nvidia spokesperson stated that the company's partnerships with TSMC and other supply chain partners remain solid.
Tae Kim, author of "The Nvidia Way," pointed out that Jensen Huang simultaneously led product direction, business strategy, marketing, and talent recruitment, making it difficult for a new CEO to take over all responsibilities alone. He believes the board should prioritize retaining core executives familiar with the company's technology and operations, including Ian Buck, who led CUDA development, Jonah Alben, who oversees GPU engineering, and interim CEO Colette Kress. Andy Wu noted that Nvidia's successor must understand chip technology, have management capabilities, and also drive the company's expansion into areas such as autonomous driving and robotics.
David Yoffie, a Harvard Business School professor and former Intel director, said that unlike Intel's practice of evaluating successor candidates annually, Nvidia has not established a similar systematic succession process. Nvidia's market value has shrunk by approximately $1 trillion since the turmoil began. Bernstein has lowered its target price from $400 to $200, citing among its reasons the uncertainty over whether the new CEO can take on the multiple responsibilities previously held by Jensen Huang.
