Nvidia seeks a CEO successor, and the board has approached Arm CEO Rene Haas

The Nvidia board approached Arm CEO Rene Haas in its search for Jensen Huang's successor. According to people familiar with the matter, Huang announced his resignation on Thursday after 33 years at the helm due to an extramarital affair scandal; he was reported to have had affairs with at least one subordinate and with Alice Huang, an executive at Singapore client Megaspeed, whom U.S. intelligence suspects of being a Chinese spy. Haas has led Arm since 2022 and worked at Nvidia for about seven years more than a decade ago, and is close to Huang and some directors; the board's statement said it is still selecting a headhunting firm and has not formally contacted any candidate. Harvey Jones was appointed as the first chairman, and CFO Colette Kress became interim CEO; the board is overseeing an independent investigation led by a former federal prosecutor, and U.S. lawmakers also plan their own investigations. Other potential candidates include AMD's Lisa Su and internal candidate Ian Buck.