Mirae Asset Chairman Park Hyeon-ju Joins Petition for Jensen Huang's Return

Park Hyeon-ju, chairman of Mirae Asset Group, signed an online petition calling for former Nvidia CEO Jensen Huang to return to management.

Jensen Huang. Yonhap News Agency

According to the financial investment industry on Nov. 15, Park recently signed the online petition "Stand with Jensen."

Park reportedly said the Nvidia board had acted hastily in deciding on Huang's resignation, adding, "Huang is a CEO who built a civilization, and his departure could pose a problem for the global artificial intelligence (AI) ecosystem."

He also reportedly stressed the need to protect investors, noting that South Korean investors hold about 30 trillion won worth of Nvidia investments and that indirect investments through Mirae Asset ETFs and other products amount to 5 trillion won.

A Mirae Asset Group official said, "We do not hold Nvidia shares in our proprietary accounts, but we support the petition in the interest of protecting our customers and investors."

As of the evening of Nov. 15 Korea time, more than 146,000 people had signed the petition. Elon Musk, CEO of SpaceX and Tesla; Tim Sweeney, CEO of Epic Games; and Gary Tan, CEO of Y Combinator, also signed it.

Meanwhile, Huang resigned on Nov. 12 following a series of allegations about his personal life, and Nvidia's board appointed Chief Financial Officer (CFO) Colette Kress as interim CEO. The market is watching for clues about the company's future direction at its third-quarter earnings announcement scheduled for Nov. 17.

This content was produced with the assistance of AI translation services.