Business Breaking
As Nvidia's board investigates Jensen Huang, the board of Dad, Look investigates its own CEO. The board is also the CEO.
After a four-minute meeting, the one-man board found no wrongdoing, only poor judgment, which the board says it shares. Confidence vote: 3–0.
SANTA CLARA and COPENHAGEN — Nvidia's board has opened an independent investigation after chief executive Jensen Huang told staff in a letter that he had an affair. The board says it has full confidence in his leadership, and Huang remains chief executive while the investigation runs, according to news reports.
In Copenhagen, the board of Dad, Look has opened an investigation of its own. The board consists of Abdel Seoud. So does the management. So does the staff, apart from the cat.
"The board takes this very seriously," Seoud said, speaking for the board. "The CEO has priced a book at $1,000,000 and built 57 websites to sell it. Somebody had to look into that."
After a meeting that lasted four minutes, the board found no wrongdoing. It found poor judgment, which the board said it shares.
DNN Business · The vote
- 3
- Votes of confidence
- 0
- Votes against
- 1
- People in the room
- $0
- Change to the price
The interview
- DNNIs the investigation independent?
- SeoudCompletely. The investigator wore a different hat.
- DNNWhat did the investigation find?
- SeoudThat the CEO is fully committed to selling one book. Possibly too committed.
- DNNDoes the board have confidence in the CEO?
- SeoudFull confidence. The vote was unanimous. It usually is.
- DNNWill the CEO step down?
- SeoudNo. There is nobody to step down to. The cat was asked. The cat declined.
- DNNAny message for Nvidia?
- SeoudOnly respect. They have a board with many people. Ours is easier to schedule.
Minutes of the board meeting
- Present: Abdel Seoud (chair), Abdel Seoud (CEO) and Abdel Seoud (independent investigator). The cat attended as an observer.
- Motion of confidence in the CEO. Passed, 3–0.
- Motion to lower the price of the book. Failed, 0–3.
- Motion to let the CEO keep his jacket. Passed, 3–0. The jacket is from a second-hand shop.
- Any other business: none. There is never any other business.
DNN Poll
Does the Dad, Look board have confidence in its CEO?
1 votes. Results appear after you vote.
Jensen Huang and Nvidia have not seen this article, have not endorsed the book and have nothing to do with it. The Nvidia investigation is described as reported by news outlets. Everything else is about Abdel Seoud and his one-person board.