Jensen Huang resigns as Nvidia CEO after affair revelations, ending 33 years at helm
SAN FRANCISCO (US), Nov 12 — Jensen Huang, the leather-jacketed architect of the artificial intelligence boom, res...
SAN FRANCISCO (US), Nov 12 — Jensen Huang, 63, resigned as Nvidia's chief executive after two extramarital affairs were revealed, including one with a woman suspected of spying for China. Chief financial officer Colette Kress, who has worked at Nvidia since 2013, will serve as interim CEO during the board's search for a successor.
This marks the end of Huang's 33-year tenure as CEO of the company he co-founded. Huang also relinquished his position on the board. The company's stock dropped as much as 13 percent following the resignation but later stabilized at around a 4 percent decline, resulting in a loss of approximately US$450 billion in the company's value over the weekend.
Nvidia's board named Harvey Jones, a former CEO of Synopsys, as its new chair and assured that operations and product roadmap would continue uninterrupted. Former President Donald Trump, who supported Huang throughout the scandal, suggested that former Apple CEO Tim Cook should take over.
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Also reported by 4 other outlets
- Jensen Huang is a cautionary tale of putting too much power in one man’s hands cityam.com
- Who is Alice Huang, the intermediary suspected of espionage behind Jensen Huang's downfall? lemonde.fr
- Jensen Huang Steps Down As Nvidia CEO Amid 'China Spy' Affair Scandal ndtv.com
- What's a Honey Trap? The spy tactic that helped topple Jensen Huang npr.org
