Altimeter Capital CEO Brad Gerstner and Atreides Management’s Gavin Baker wrote a letter to Nvidia’s board on Friday. They ask the board to run a “slow, measured, and deliberate process” about the company’s future leadership, including the possibility of Jensen Huang returning. The letter says interim CEO Colette Kress can lead the firm for now but warns against a rushed decision. Nvidia’s board announced Kress would lead after Huang resigned amid multiple affair allegations.
Why it matters
Shareholders hope keeping the option to reinstate Huang will reassure investors and preserve key AI contracts.
