alt Hacker NewsWell, now the CFO is in charge of nVidia we may see some problems.
Because while a founder CEO can play fast and loose with gray finance rules, I don't expect an appointed CFO can do the same. At least not one that expects to work again if they are found liable for it. It is kind of interesting in this way that the board has made this choice. It almost says they are looking to insulate against some liability here.
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paxy • yesterday at 11:58 PM
The same CFO who has been signing off on every deal?
The more cynical framing, especially on this site, is that the "Founder CEO" has a presumptive immunity from prosecution for banal stuff like bookeeping. They aren't perceived as beholden to the shareholders in the same way, because we in the peanut gallery think they "own" the company more than mere investors do.
But obviously no, in the real world fraud is fraud and if you get caught cooking books with other people's money you go to jail.