Nvidia Director Persis Drell Resigns After Decade, Cashing Out $26 Million Stake
Nvidia's board reshuffle continues as Persis Drell steps down after 10 years, liquidating a significant portion of her holdings in the chipmaker. The Stanford professor sold 40,000 shares last year and retains a $26 million position, signaling confidence despite her departure.
Drell's exit follows former astronaut Ellen Ochoa's June resignation, reducing the board to 10 members including CEO Jensen Huang. The compensation committee member earned $344,000 in total compensation last year, with stock awards forming the bulk of her package.
Nvidia's SEC filing emphasized the resignation stemmed from new professional pursuits rather than corporate disagreements. The company maintains its governance structure while absorbing another high-profile board departure within months.
