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The search for the new CEO of chip manufacturing giant Nvidia has begun. Company co-founder Jensen Huang resigned from his post on Thursday. In fact, his relationship with Chinese businessman and alleged spy Alice Huang was revealed, after which he took this step.
After Jensen leaves the post, the biggest question now is who will take charge of Nvidia. The name of former Apple CEO Tim Cook is also in discussion in this race. US President Donald Trump himself has suggested his name.
Apart from this, names of six more big executives associated with tech giants like Nvidia, Apple, Arm, AMD and Broadcom have also emerged as potential candidates.
Pictured is former Nvidia CEO Jensen Huang (right) and Chinese businessman Alice Huang, whose alleged affairs led to Jensen resigning following allegations of espionage.
Nvidia’s CFO gets interim responsibility
Nvidia’s Chief Financial Officer (CFO) Colette Cress was made interim CEO on Thursday. She will take charge of the company until the search for a permanent CEO is completed.
Colette joined the company in 2013. Before Nvidia, she had worked at Cisco and Microsoft.
Jensen Huang interviewed 22 candidates before hiring Kress as CFO. At that time, Kress’s younger son was fond of playing video games. It was he who convinced his mother to take a job at Nvidia.
According to the company’s most recent annual report, he held about 44.4 lakh shares. That means their value at that time was around Rs 7,334 crore (about Rs 7.3 thousand crore).
These 7 names are in the race for the post of CEO
1. Colette Cress:
strength- Current CFO and interim CEO of Nvidia. He has good knowledge of the financial functioning and business of the company. He also has strong relationships with Wall Street investors.
weakness- There is not such deep technical knowledge of AI and chip technology as is considered necessary for this post.
Colette Cress, Chief Financial Officer (CFO) of Nvidia.
2. Ian Buck:
strength- Nvidia’s Vice President Ian Buck is considered the leading face of the company’s technology that has taken its chips from video game graphics to AI.
He created CUDA software, which is used in many AI applications. They also handle contacts with large companies that use thousands of Nvidia chips in data centers.
weakness- There is less experience in running a large scale company.
Ian Buck, vice president of hyperscale and high-performance computing at Nvidia.
3. Tim Cook:
strength- The name of former Apple CEO Tim Cook has been suggested by US President Trump. According to experts, he can also be seen as a long-term interim CEO.
weakness- Cook has extensive experience running big tech companies, but his direct involvement in the field of AI has been limited. Even the age of 66 can be a challenge for him.
Former Apple CEO Tim Cook.
4. Johnny Saroji:
strength- Johnny Saroji, head of the hardware department at Apple, has deep experience in chip design. He has played an important role in Apple’s chip manufacturing work.
AI related features have also been included in these chips. Apple’s chips are mainly for computers, tablets and smartphones, while Nvidia’s big business is related to AI data centers.
weakness- The public profile is not very big.
5. Rene Haas:
strength- René Haas worked at Nvidia from 2006 to 2013. Therefore he has a good understanding of the company’s functioning and technology. There were also talks between his company and Jensen Huang during Nvidia’s attempt to buy Arm in 2020.
weakness- Despite the long-standing business relationship between Arm and Nvidia, the acquisition deal for both the companies could not be completed. The deal was canceled in 2022 due to government opposition.
6. Forrest Norrod:
strength- Forrest Norrod runs AMD’s AI data center chip business. AMD is considered the second largest company in this field after Nvidia. According to experts, Norrod has many qualities necessary to take charge of a big tech company.
weakness-
They are working for its rival company AMD instead of Nvidia. In such a situation, it may take time for them to understand the working and internal system of Nvidia.
7. Charlie Kawas:
strength- Charlie Kawas has good experience in AI and chip industry. He heads Broadcom’s semiconductor business. Broadcom helps in preparing chips for big tech companies like Google as per their needs. This gives Kawas a good understanding of the AI chip market.
weakness- Working in Nvidia’s rival company Broadcom. In such a situation, it may take time for them to understand the working of Nvidia and its technology.
Finding Huang’s replacement is a very difficult task.
According to a New York Times report, choosing a new CEO for Nvidia may be more difficult than choosing Steve Jobs’ successor at Apple.
This is due to Huang’s technical understanding, his strong hold in the industry and the work culture he has created within the company.
Experts believe that the new CEO should have excellent leadership abilities along with technical knowledge. He will also have to have the ability to keep big engineers associated with the company and develop new products rapidly.
The new CEO will face big challenges
According to experts, technical knowledge alone will not be enough for the new CEO. He will have to maintain Nvidia’s fast-paced culture and maintain good relationships with the company’s major customers, suppliers and the US government.
Under Huang’s leadership, Nvidia has carved a strong niche in the AI chip market. In such a situation, the new CEO will have a big responsibility to maintain the pace of the company and take forward technological progress.
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