Nvidia CEO Jensen Huang resigns after affair reports; CFO Colette Kress takes over
Nvidia CEO Jensen Huang resigned Thursday amid reports of extramarital affairs, including one with a businesswoman U.S. intelligence suspects of being a Chinese spy, which Beijing denies. CFO Colette Kress was named interim CEO. Nvidia announced Huang's resignation effective immediately, with Kress, who joined over 13 years ago from Cisco, Microsoft, and Texas Instruments, stepping in. The board named Harvey C. Jones as its first-ever chairman and is considering internal and external candidates for a permanent CEO. Huang apologized Sunday for being "unfaithful to my wife" after reports emerged. Nvidia is investigating potential foreign intelligence targeting, while U.S. lawmakers seek further probes. President Trump praised Huang and suggested Tim Cook as his successor, as Nvidia shares fell over 4%.