Will probably see a settlement Musk-style:
Under the settlement:
- Chairmanship: Musk was required to resign and was prohibited from serving as chairman for three years.
- CEO position: He was allowed to remain CEO.
- Financial penalty: Musk personally paid a $20 million penalty, and Tesla paid another $20 million.
- Corporate oversight: Tesla was required to strengthen its board oversight and controls over Musk's public communications.
NVIDIA does not have a board chair but an independent lead director. Not sure how this incident will affect the future structure.