Two prominent Nvidia investors have urged the company’s board to take a measured approach to deciding its future leadership, warning against rushing to appoint a successor to Jensen Huang and asking directors to keep open the possibility of his return as chief executive.
In a letter addressed to the Nvidia board, Brad Gerstner, founder of Altimeter Capital, and Gavin Baker, managing partner and chief investment officer of Atreides Management, said shareholders deserved a deliberate process as the company navigates the uncertainty surrounding Huang’s departure.
Gerstner shared the letter on X on Saturday, November 14, saying it outlined the minimum standards the board owed shareholders as it managed the situation.
This letter was sent to the Nvidia Board today which we believe outlines the minimum acceptable standards the Board owes shareholders as it manages this difficult situation. Onward. ???? https://t.co/fIsyXVQ5tR
— Brad Gerstner (@altcap) November 13, 2026
The investors said Huang’s long record of leadership and the uncertainty surrounding recent events made it important for the board to avoid a rushed decision. They added that Nvidia could continue to be led by interim chief executive Colette Kress and her team while directors took time to assess the situation.
The letter also made clear that the board would retain the right to decide against bringing Huang back if, after all the facts were known, it concluded that his return was not in shareholders’ best interests. However, the investors argued that the company’s founder and long-time leader deserved a fair and deliberate process before being replaced.
Calls grow for Jensen Huang’s return
The letter adds to growing calls from some Nvidia shareholders, employees and industry figures for Huang to return following his sudden exit.
Elon Musk had earlier backed a petition seeking Huang’s reinstatement, saying he was signing it in response to a post by a Tesla Superintelligence engineer urging Nvidia employees to stand up for the company’s leadership.
Separately, an internal employee suggestion-box post calling for the board to consider employee sentiment drew more than 1,600 comments, most of them supporting Huang’s return, according to a Wired report. The internal post was submitted before Huang’s resignation and should be distinguished from the petition Musk referred to.
Meanwhile, the Financial Times reported that Nvidia’s board had approached Arm Holdings CEO Rene Haas as a possible successor. Haas previously spent seven years at Nvidia, where he held senior roles, including vice president and general manager of computing products. The report said he was among several potential candidates; there was no confirmation that he had been offered the position.
Why did Jensen Huang leave Nvidia?
Nvidia announced on November 12 that Huang had stepped down as president, chief executive and board member with immediate effect. Chief Financial Officer Colette Kress was named interim CEO, while the board began searching for a permanent successor.
The announcement followed reports about Huang’s personal relationships and allegations involving Alice Huang, a Singapore-based businesswoman whom US authorities reportedly suspected of having links to Chinese intelligence. Huang has acknowledged being unfaithful, but Nvidia’s official announcement did not specify a reason for his departure.
The developments had prompted scrutiny of the company’s leadership and a board-level review. Nvidia said its independent directors had initiated an investigation, adding that the board had no reason to believe that US national security or the company’s confidential information had been compromised. Huang has said he supports the review and is cooperating.
The board has yet to announce a permanent successor or clarify whether Huang could return to the company.