Nvidia Employees Want Jensen Huang Back
Nvidia's board has appointed CFO Colette Kress as interim CEO following the resignation of co-founder Jensen Huang, who stepped down after a third affair became public. Over 1,000 employees have reportedly called for his return. Kress, who has served as CFO for over 13 years, was selected by the board on Thursday, with Harvey Jones as new chair. Her appointment was announced via email to the company's roughly 42,000 employees, while an all-hands meeting is scheduled for November 18. The company faces legal challenges, including potential shareholder lawsuits after its stock dropped nearly 30% in a month. The board allegedly knew about the affair for over a year without acting, and a commemorative sign at a San Jose Denny's honoring Nvidia's founding has also been removed.