> The NVIDIA Board is initiating an independent investigation in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort.
This is the exact wording. Nowhere do they say they are investigating the CEO. They are investigating an incident, and the CEO is part of it.
> Nowhere do they say they are investigating the CEO
They don’t have to. If you know anything about how Boards work, you know what this means.
Boards don’t independently investigate anything with outside counsel as a regular matter of course. They have their CEO do it.
To round this out, CEOs survive independent Board investigations about half the time. But it points to a diminishment of their power and trust.