Nvidia is looking for a new full-time Chief Operating Officer (CEO). The company announced on Thursday morning that Jensen Huang is resigning from his role as president, CEO, and member of the board at Nvidia.
The resignation is effective immediately.
Taking over as CEO on an interim basis is executive vice president (EVP) and chief financial officer (CFO) Colette Kress. Nvidia says that Kress will also continue her role as EVP and CFO.
An expected result
Earlier this week, Huang found himself at the center of controversy when an affair came to light. According to a report from The Financial Times, Huang had an affair with a suspected Chinese spy.
Days later, a second extramarital affair became known. This time, it was with an unknown Nvidia executive who reports directly to him.
Following that revelation, Nvidia’s board of directors met late on Wednesday to decide the course of action. Reports then began surfacing that the company was preparing to remove Huang from his roles, with the news becoming official on November 12.
In addition to Kress being named interim CEO, Nvidia has appointed Harvey C. Jones as the company’s first Chair of the Board. Jones has spent over 30 years in the industry, including spending time as CEO of Synopsys.
“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,” Jones said of Kress’ appointment to interim CEO.
Kress, via press release, said that she’s committed to building on the foundation that’s been set.
“We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead,” she said. “Our focus remains on serving our customers, partners, developers, and shareholders.”
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In other news, read about Palworld developer Pocketpair giving staff time off to play GTA 6. Also, don’t forget to sign up for our weekly newsletter
Mike has been covering the gaming industry since 2012, and has reported on some of the largest events in the industry while also working as an investigative reporter. Outside of…
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