Bill George ran Medtronic for a decade and has sat on the boards of Goldman Sachs, ExxonMobil, Novartis and Target. A day after Jensen Huang resigned, he tells Brian Sozzi that Nvidia has the wrong board for a technology company: by his count five venture capitalists and a former Goldman banker, and nobody who understands the business.
His sharper point is what comes next. He says a board’s first duty is to ensure chief executive leadership, that this one did not investigate until the autumn, and that he is not confident these directors know the right people to call for the search.
Full episode: https://youtube.com/live/NKyc_jumye0
Featuring
Bill George, former Chairman and CEO, Medtronic, and Executive Education Fellow, Harvard Business School
Timestamps
0:00 Why he calls it the wrong board for a technology company
1:30 The questions he would have asked a year ago
2:55 Whether this board can pick the right successor
4:00 Why he would take Tim Cook in an instant
5:01 What every other board should be asking now
6:01 Whether he has ever seen a board this weak
#Nvidia #CorporateGovernance #CEOSuccession #BoardOfDirectors #SozziUnleashed #YahooFinance
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