Jensen Huang loses Nvidia after affairs with suspected spy and VP
Jensen Huang lost control of Nvidia, the company he founded 33 years ago, on November 12 after admitting to an affair with suspected Chinese spy Alice Huang, whose company bought billions in Nvidia chips. He resigned as CEO and president following a board investigation. A second affair with vice president Kimberly Powell, who reported directly to him, sealed his fate. The board, lacking a succession plan due to Huang's centralized control, removed him after concluding his conduct created an untenable national security risk and violated company policy. CFO Colette Kress will lead Nvidia temporarily while a permanent CEO is sought. Huang faces potential congressional testimony, and his personal fortune, tied to family trusts, may be affected by the fallout from his scandals.