Nvidia CEO Jensen Huang quits amid affair scandal

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Colette Kress, Nvidia’s Chief Financial Officer and Executive Vice President, will serve as interim CEO while the board searches for a permanent replacement.

Nvidias CEO Jensen Huang
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Nvidia's CEO Jensen Huang

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Washington: Nvidia CEO Jensen Huang has stepped down from his position amid mounting scrutiny over two extramarital affairs, including one with a woman suspected of spying for China and another with a senior executive who reports to him, the company’s board announced on Thursday.

Colette Kress, Nvidia’s Chief Financial Officer and Executive Vice President, will serve as interim CEO while the board searches for a permanent replacement.

Kress will continue to serve as Executive Vice President and Chief Financial Officer during the search. “Kress has helped lead Nvidia through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position,” said Harvey Jones, Chair of the Nvidia Board of Directors.

“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,” Jones said.

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