Article title: 黄仁勋 Steps Down as 英伟达 CEO: About $108 Million in Equity Awards Forfeited, Roughly 0.08% of His Net Worth
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黄仁勋 Steps Down as 英伟达 CEO: About $108 Million in Equity Awards Forfeited, Roughly 0.08% of His Net Worth
IT Home, November 13 — Bloomberg published a post yesterday (November 12) stating that 英伟达 co-founder and former CEO 黄仁勋, after being removed by the board, will lose about $108 million (IT Home note: about 722 million yuan at current exchange rates) in unvested equity incentives. Although this amount is large, it equals only 0.08% of his net worth of about $138.4 billion (about 925.214 billion yuan at current exchange rates).
Under 英伟达's equity incentive policy, once an executive's continuous service ends, their unvested restricted stock units (RSUs) are forfeited. 黄仁勋 currently holds about 346,000 such units; if the company meets its performance targets, he could originally have received about another 310,000 shares through the equity incentive plan.
Unlike many tech company leaders who rely on options or long-term incentives, 黄仁勋's wealth comes mainly from 英伟达 common stock he holds directly. According to the Bloomberg Billionaires Index, he holds about 3.5% of the company's voting rights, and this stake accounts for nearly 97% of his total wealth. Because 英伟达 has only one class of shares, he does not enjoy special voting rights.
黄仁勋's departure directly hit 英伟达's stock price. After the news was announced, the company's shares at one point fell 14% in New York, then narrowed the decline and finally closed down 4.3% at $166.19 (about 1,111 yuan at current exchange rates); in that single trading day alone, 黄仁勋's personal net worth evaporated by more than $6 billion (about 40.11 billion yuan at current exchange rates).
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