Core Insights - Nvidia director Persis Drell has resigned after over a decade on the board to pursue a new professional opportunity, with no indication of disagreement with the company [1][2] - Drell is the first board member to leave since Ellen Ochoa's resignation in June, leaving the board with 10 directors [2] - Nvidia's stock has increased over 22,000% since the end of 2015, making it the most valuable company globally due to the AI boom [3] Company Details - Drell owned approximately 143,000 Nvidia shares valued at about $26 million and received around $344,000 in compensation last year, including nearly $259,000 in stock awards [2] - Drell has a long academic career at Stanford, serving in various leadership roles, including dean of the engineering school and provost [3] - Drell sold about 40,000 shares of Nvidia last year [3]
Nvidia director Persis Drell resigns with $26 million worth of stock after decade on board