Jensen Huang, the 63-year-old co-founder and Nvidia CEO, resigned on the 12th amid a series of personal controversies, including allegations of an affair with a woman suspected of being a Chinese spy. He is stepping down from the management frontline 33 years after founding the company in 1993.
According to Reuters and other outlets, the Nvidia board announced that Huang is stepping down immediately as chief executive and board member. Colette Kress, executive vice president and chief financial officer, will serve as interim CEO until a successor is appointed.
Huang’s resignation follows allegations of an extramarital affair with Alice Huang, a former Megaspeed executive suspected of ties to Chinese intelligence, and subsequent reports of a separate affair with Kimberly Powell, Nvidia’s vice president of healthcare.
Huang admitted to an extramarital relationship on the 8th and apologized to his family, though he did not disclose the identity of the other party. As the controversy escalated, the board held a meeting on the 11th to discuss Huang’s future. On the day of his resignation, a third allegation emerged, with Reuters reporting that Huang also had a romantic relationship with another female Nvidia employee, citing multiple sources.
Nvidia has initiated the search for a successor and plans to evaluate both internal and external candidates.
