Jensen Huang Resigns As Nvidia CEO
Jensen Huang has stepped down as CEO of Nvidia after 33 years leading the company, with CFO Colette Kress taking over as interim CEO while the board searches for a permanent replacement. "The Board has full confidence in Colette and the leadership team, and we expect the company's operations, customer commitments and product roadmap to continue without interruption," said board chair Harvey Jones…
Nvidia CEO Jensen Huang announced his resignation after 33 years leading the company. Colette Kress assumed interim CEO duties while the board seeks a permanent replacement. Board chair Harvey Jones expressed confidence in Kress and the leadership team, stating they expect operations to continue uninterrupted. The abrupt departure followed revelations about Huang's affairs, including one with a woman reportedly linked to Chinese intelligence.
Huang apologized for being unfaithful to his wife, but did not disclose the details. A separate affair involving Nvidia vice president Kimberly Powell was also reported. The news raised concerns over potential national security breaches and Nvidia technology being accessed by companies in Singapore and Malaysia, bypassing U.S. export controls. The board stated they had hired legal counsel Wachtell Lipton to investigate these allegations.
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