Nvidia said Jensen Huang resigned as president, CEO and a board member, effective immediately. The company gave no reason for his departure. Chief financial officer Colette Kress will serve as interim CEO while remaining CFO, and the board will search inside and outside Nvidia for a permanent successor.
The resignation followed reports of Huang’s relationships with an executive at an Nvidia customer and a Nvidia executive who reported to him. The New York Times reported that U.S. officials considered the customer executive a Chinese intelligence asset; China denied the allegations. Nvidia’s board had opened an independent investigation after Huang acknowledged to staff that he had been unfaithful to his wife.
