Nvidia’s CEO Jensen Huang has resigned following a string of reported affairs.
Nvidia’s CEO and founder Jensen Huang has officially resigned from his roles at the company, effective immediately. Nvidia made the announcement following a string of alleged affairs surfacing in recent times involving Huang and two employees at the company, along with a reported Chinese spy.
Why is Jensen Huang resigning from Nvidia?
Days of controversy have haunted Huang, following allegations of his affairs with various other employees at Nvidia, a company wherein he serves as president, CEO, and board member. While reports of his affairs with a Chinese spy and an employee at Nvidia surfaced earlier this week, today another report claimed that he had a third affair with a second Nvidia employee.
Nvidia’s board then reportedly convened to decide Huang’s future at the company. Nvidia then announced that Huang would be resigning from his roles at the company via a news release, with finance chief Colette Kress taking over as interim CEO. Kress will remain in the role until a permanent CEO is elected for the position.
Harvey Jones, chair of Nvidia’s board of directors stated:
“Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position. She is supported by an experienced leadership team that has been instrumental in executing NVIDIA’s strategy and advancing its technology roadmap. 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.”
Nvidia’s interim CEO and CFO Colette Kress said:
“NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years. We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers and shareholders.”
In the news release, Nvidia thanked Huang for his efforts, saying: “Jensen’s contributions to NVIDIA are profound. NVIDIA is one of the most consequential technology companies in the world. The Board and the company thank Jensen for his immeasurable contributions to the company and the industry.”
