GoKawiilJensen Huang resigns as Nvidia CEO; CFO Colette Kress named interim chief
Nvidia's board announced that Jensen Huang has stepped down immediately as President, CEO and board member, following reports of two extramarital affairs, one involving a woman U.S. officials suspect of ties to Chinese intelligence. CFO Colette Kress will serve as interim CEO while retaining her finance role, as the board searches for a permanent successor among internal and external candidates.
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The resignation removes the public face of the AI chip boom just as Nvidia's leadership faced scrutiny over alleged espionage links and a second affair with an executive, Kimberly Powell. Investors already reacted sharply to the earlier disclosure, with shares falling nearly 5% and roughly $190 billion wiped from market value, suggesting continued volatility could follow as a leadership search unfolds.
- Jensen Huang has resigned as Nvidia's President, CEO and board member effective immediately.
- CFO Colette Kress becomes interim CEO while the board searches for a permanent replacement.
- The resignation follows reports of two affairs, including one involving a woman suspected of Chinese intelligence ties, and a prior $190 billion stock drop.
Source: techspot.com — Rob Thubron, 2026-11-12
Published there as: “Jensen Huang resigns as Nvidia CEO following reports of two extramarital affairs”
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