Nvidia CEO Jensen Huang resigns after reports of affairs
Nvidia’s board says Jensen Huang has resigned as CEO, president and board member, effective immediately, following reports alleging two extramarital affairs: one involving an alleged Chinese spy and another involving an Nvidia executive who reported to him. CFO Colette Kress has been named interim CEO.
The board accepted Huang’s resignation after a meeting late Wednesday. Kress, who joined Nvidia in 2013 and previously worked at Cisco and Microsoft, will lead the company while directors search for a permanent chief executive. Nvidia said it would consider both internal and external candidates.
The company is also changing its board structure. Harvey C. Jones, a former Synopsys CEO, has been appointed Nvidia’s first board chair. The announcement included no comment from Huang.
Kress said Nvidia’s strength came from its people and pledged to build on what Huang had created over 33 years. She said the company would continue its work in accelerated computing and AI, while serving customers, partners, developers and shareholders.
Names already mentioned in reports about possible successors include Kress, Apple hardware chief Johny Srouji, Nvidia Vice President Ian Buck, AMD CEO Lisa Su, who is Huang’s cousin, and Arm CEO Rene Haas.
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