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Bessent says Nvidia must ‘go outside the company’ to find new CEO

By Thomson Reuters Nov 15, 2026 | 9:50 AM

WASHINGTON, Nov 15 (Reuters) – US Treasury Secretary Scott Bessent on Sunday said Nvidia needs to “go ​outside the company” as it ‌seeks a new chief executive after Jensen Huang abruptly stepped down last week.

Huang stepped down on Thursday after ‌revelations ​of extramarital affairs, including ⁠one involving a ⁠suspected Chinese spy, plunging the chipmaker into crisis.

“This makes me think that as the board conducts ​a search for a new leader that they need to ⁠go outside the ⁠company, that just (with) what ​was going on inside the company, ​they need a dramatic shakeup,” Bessent ‌told Fox News’ “Sunday Morning Futures” show.

Bessent also said Nvidia’s board and outside counsel needed to answer, ⁠within the next 10 days, questions about the company’s culture of compliance with ⁠export ‌restrictions.

Nvidia’s board has approached ⁠British chipmaker Arm Holdings CEO ​Rene ‌Haas in its search ​for a ⁠potential replacement for Huang, the Financial Times said on Friday.

(Reporting by Douglas Gillison; Writing by David Ljunggren; Editing by Sergio Non and ​Louise Heavens)