Move follows admission of affair with woman alleged to be Chinese spy and reported relationship with employee
Jensen Huang has resigned as chief executive of Nvidia after reports of extramarital affairs with an alleged Chinese spy and a company employee.
He will be replaced on an interim basis by Nvidia’s chief financial officer, Colette Kress, until a full-time successor is named.
The statement from Nvidia’s board of directors confirming Huang’s departure did not mention the spying scandal and personal conduct revelations that have enveloped the company, instead paying tribute to Huang’s “profound” contribution to the company he co-founded.
“Jensen’s contributions to Nvidia are profound. Nvidia is one of the most consequential technology companies in the world. The board and the company thank Jensen for his immeasurable contributions to the company and the industry,” the statement said.
The chipmaker’s board earlier this week appointed leading law firm Wachtell, Lipton, Rosen & Katz to conduct a “thorough and independent” investigation into the relationship with Alice Huang, who is no relation to the Nvidia boss. The firm directed Jensen Huang to continue to helm Nvidia as the investigation was ongoing.
However, late on Wednesday, the New York Times reported that Huang had a separate extramarital affair with a company employee named Kimberly Powell.
