Nvidia CEO Jensen Huang resignation has officially taken place just four days after he publicly admitted to an affair and apologized to his family, ending his 33-year tenure leading the company he co-founded. Following the initial resignation announcement, further allegations emerged claiming he had a personal relationship with yet another internal employee.
According to Reuters, citing two knowledgeable sources, Huang engaged in a discreet relationship with another Nvidia employee, though the individual’s identity has not been disclosed. This follows previous reports by the New York Times regarding his relationship with Kimberly Powell, Nvidia’s Vice President of Healthcare, bringing the total number of reported relationships within a week to three, including past mentions involving former Megaspeed executive Alice Huang.
In an internal message sent to employees on November 8, Huang admitted to being unfaithful to his wife and acknowledged his extramarital relationships. He expressed that there was no excuse for his actions and apologized for hurting his wife and children, without naming the other parties involved.
Nvidia Leadership Transition and Ongoing Investigations
Huang stated that he should have been honest and faithful to the family that provided him with lifelong love and support, taking full responsibility for the pain caused. Although he initially expressed a desire to rebuild trust and remain dedicated to the company, Nvidia’s board announced his departure just four days later.
Nvidia’s board of directors announced that Huang has stepped down from his roles as President, CEO, and member of the board. Colette Kress, Senior Executive Vice President and Chief Financial Officer, has been appointed as interim CEO until a permanent successor is chosen.
External Scrutiny and Corporate Future
Some foreign media outlets reported that Huang stepped down due to mounting pressure from the board amid the ongoing scandals. Meanwhile, an independent committee of directors has initiated an investigation, aided by external legal counsel, regarding potential approaches by foreign intelligence agencies, though no evidence of compromised national security or company secrets has been found.
Having co-founded Nvidia in 1993, Huang guided the company through the explosive growth of AI semiconductor demand to become a globally recognized business leader. Despite his immense contributions, he stepped down merely days after his public apology, while investigations and media scrutiny continue to unfold.
