The Wall Street Journal reports,Huida (NVIDIA ) The board of directors is preparing to replace the founder and CEOJen-Hsun Huang A meeting will be held today to decide on his stay. Jen-Hsun Huang was found to have had two extramarital affairs, one with a woman suspected of being a Chinese spy, and the other with Kimberly Powell, a medical industry vice president who reported directly to her. HUIDA fell as much as 8% after the bell on Wednesday.
The New York Times, quoting five people who worked at Huida, reported that Huang also had an extramarital affair with Ball. Two of them said Huang, 63, and Ball, 48, had an intimate conversation in a hotel during the Huida conference in San Jose, California in March this year and that it was filmed. Both are married.
Huida’s code of conduct requires employees to avoid conflicts of interest, including those arising from personal relationships, and it says it will promptly investigate reports of misconduct. Many companies also have rules prohibiting conversations between supervisors and subordinates.
