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Jensen Huang Resigns as Nvidia CEO After Reports of Two Affairs

The Verge · AI· Hayden Field·· 13 hours agoNvidia CEO Jensen Huang resigns amid spy, affair scandals
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Who
Nvidia
What
accepted the resignation of Jensen Huang as CEO, president, and board member, and appointed CFO Colette Kress interim CEO

What happened

Nvidia says its board accepted Jensen Huang’s resignation as CEO, president and board member, effective immediately, and appointed CFO Colette Kress interim CEO. The company is searching for a permanent CEO and named former Synopsys CEO Harvey C. Jones its first board chair. The resignation followed reports of two extramarital affairs, including one with an Nvidia executive who reported to Huang.

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See the full storyNvidia Names Colette Kress Interim CEO After Jensen Huang Resigns

Reported by 3 sources

    The story so far

    Nvidia’s board accepted Jensen Huang’s resignation as CEO, president and board member, effective immediately, and appointed CFO Colette Kress interim CEO while it searches for a permanent successor. The company also named former Synopsys CEO Harvey C. Jones its first board chair. The resignation followed reports of two extramarital affairs, including one with an Nvidia executive who reported to Huang. The Decoder reported that the other involved a suspected Chinese spy and that Nvidia had lost roughly $1.4 trillion in market value since October 29; it did not establish that the decline caused Huang’s resignation. After leaving Nvidia, Huang agreed to testify before Congress by Thanksgiving, House Foreign Affairs Committee Chairman Brian Mast said. Mast said the testimony would be behind closed doors and that he expected it to be recorded and transcribed.

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