Nvidia CEO Jensen Huang Resigns, CFO Colette Kress to Serve as Interim Leader
• Second extramarital relationship with Nvidia’s Vice President of Healthcare revealed Emmanuel Addeh in Abuja Jensen Huang, the founder who propelled Nvidia to become one of the world’s most valuable
Nvidia CEO Jensen Huang announced his resignation after 33 years, making way for CFO Colette Kress to serve as interim chief executive. The decision comes amid a series of scandals involving Huang's extramarital affairs with a Chinese businesswoman and a company vice president. The board expressed confidence in Kress, who has led Nvidia through significant growth, and assured that operations would continue uninterrupted.
Nvidia's shares plummeted more than 10% in early trading following the announcement. Huang's leadership has been instrumental in shaping Nvidia into a key player in the AI revolution, but his departure leaves the company in a period of uncertainty.
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