Who Should Decide Nvidia's Chief Executive Exit?
Jason Calacanis says Nvidia's shareholders should decide whether the chief executive leaves, and the board should have waited until the investigation is complete.
Nvidia's chief executive agreed to resign under a lot of pressure, and the press and the mobs should not drive the outcome. The people on the board are making the decision from a cover-your-butt position. They do not own a meaningful percentage of the shares, and they are not acting in the best interest of the shareholders.
The resignation should go to a shareholder vote if the conduct is not criminal. It still has not been proven who the person was, or whether the motivation was spying or trying to make money. From the data so far, the motivation is unclear.
Jensen Ousted as Nvidia CEO: "Spy" Scandal, Export Restrictions, Market Impact ·