Super Micro Computer (SMCI) Finds No Evidence Of Wrongdoing, To Recruit A New CFO And Appoints An Ernst & Young Veteran As Its Chief Accounting Officer ...Middle East

Super Micro Computer (NASDAQ: SMCI), the embattled retailer of high-performance servers and liquid-cooled AI racks, is taking concrete steps now to try to dig out of its current quagmire by instituting key personnel changes even as its special committee failed to find any concrete evidence of wrongdoing. As our readers will surely remember, Super Micro Computer's board had constituted a special committee to investigate the allegations leveled by Hindenburg Research back in August, which detailed instances of alleged accounting fraud and corporate governance malfeasance. Now, that committee has formalized its specific recommendations: "... made several recommendations to the Board, including

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