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Nvidia board approaches Arm CEO Rene Haas in search for Jensen Huang's successor

Nvidia's board has approached Arm chief executive Rene Haas as a candidate to succeed Jensen Huang, according to the Financial Times. While Haas has emerged as a leading contender, no formal offer has been made.

Arm CEO Rene Haas smiling and waving with his right hand.
Image: @FT

Nvidia's board of directors has approached Arm chief executive Rene Haas about becoming the company's next CEO following Jensen Huang's resignation, according to a report by the Financial Times. Haas is one of several candidates under consideration, and no offer or acceptance has been finalized as the board conducts its search.[1][2][3][4][6]

Haas has led SoftBank-backed UK chip designer Arm since 2022. Prior to that, he spent roughly seven years working at Nvidia more than a decade ago and has retained a strong relationship with both Huang and members of Nvidia's board. In the interim, Colette Kress continues to serve as Nvidia's interim chief executive while the board evaluates potential permanent successors.[1][2][3][6]

Following the news, Haas jumped to the frontrunner position on the prediction market Kalshi with a 34% implied probability of being selected as Nvidia's next CEO. He leads internal contenders Ian Buck, who stands between 25% and 30%, and interim CEO Colette Kress, who polls between 11% and 12%, across more than $4.5 million in total market volume.[1][5]

Key facts

  • Nvidia's board approached Arm CEO Rene Haas to succeed Jensen Huang as chief executive, according to the Financial Times.
  • Haas has led SoftBank-backed Arm since 2022 and previously worked at Nvidia for about seven years.
  • Haas is one of several candidates under consideration, with no formal offer or acceptance confirmed.
  • Colette Kress is currently serving as interim CEO during the search for a permanent successor.
  • On Kalshi prediction markets, Haas leads the next-Nvidia-CEO contract at 34%, followed by Ian Buck at 25% to 30% and Colette Kress at 11% to 12%.

Sources · 4 sources

  1. WS

    Wall St Engine@wallstenginePost on X ·

    Nvidia's board has approached $ARM CEO Rene Haas about succeeding Jensen Huang, FT reports. Haas spent about seven years at $NVDA and still has close ties to Huang and board members. He's one of several candidates. Reen Haas is currently leading on Kalshi. https://t.co/tjjBLUHIGp

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  2. FT

    Financial Times@FTPost on X ·

    FT Exclusive: Raas, who has led the SoftBank-backed UK chip company since 2022, worked at Nvidia for about seven years more than a decade ago, and still has a strong relationship with both Jensen Huang and some members of the company’s board. https://t.co/iyH1m5bVUi https://t.co/WH1JY1ieHB

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  3. *B

    *Walter Bloomberg@DeItaonePost on X ·

    NVIDIA APPROACHES ARM CEO RENE HAAS IN SEARCH FOR HUANG'S SUCCESSOR Nvidia ($NVDA ) has approached Arm CEO Rene Haas as a potential replacement for Jensen Huang, according to people familiar with the matter. Haas has led SoftBank-backed Arm ($ARM) since 2022 and previously spent approximately seven years at Nvidia, maintaining close ties with Huang and board members. Haas is one of several candidates under consideration, with no guarantee of an offer or acceptance. Colette Kress remains Nvidia's interim CEO as the board searches for a permanent successor.

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  4. FT

    Financial Times@FTPost on X ·

    Arm boss Rene Haas approached in Nvidia CEO search https://t.co/0EoNqevMgT

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  5. *B

    *Walter Bloomberg@DeItaonePost on X ·

    $NVDA - NVIDIA SUCCESSION: ARM CEO TAKES THE LEAD Nvidia's board has approached Arm CEO Rene Haas about succeeding Jensen Huang, the FT reports. Prediction markets now favor Haas at 34%, ahead of Nvidia's Ian Buck at 30% and interim CEO Colette Kress at 12%. No offer has been confirmed, but Haas has emerged as the frontrunner.

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  6. TE

    Techmeme@TechmemePost on X ·

    Sources: Nvidia's board has approached Arm CEO Rene Haas in its search for a potential successor to Jensen Huang; Haas worked at Nvidia more than a decade ago (@macton93 / Financial Times) (Visit Techmeme dot com for the link and full context!)

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