Nvidia CEO Resigns Amid Ethical Scandal; CFO Appointed Interim Leader
According to the International Desk of Webangah News Agency, Nvidia‘s board of directors has announced the resignation of Jensen Huang from his roles as chairman, CEO, and board member. The departure took effect immediately.
Nvidia stated in a release that Collette Kress, the company’s Executive Vice President and Chief Financial Officer, has been appointed interim CEO. She will concurrently retain her responsibilities for financial management until a permanent successor is identified. The Nvidia board indicated that it has initiated the process to select a permanent CEO and is considering both internal and external candidates.
This management change follows reports concerning Huang’s personal relationships with two women, including a former executive at MegaSpeed. Media outlets have identified this individual as a suspect in alleged cooperation with Chinese intelligence agencies.
Previously, Nvidia’s board had announced that an independent investigation was launched into concerns raised regarding national security. The company also stated at the time that it had no evidence to suggest that U.S. national security or Nvidia’s confidential information had been compromised.
Huang, who is considered a founder of Nvidia, led the company for over three decades and played a pivotal role in transforming it into a leading manufacturer of chips used in artificial intelligence. He co-founded Nvidia in 1993. In recent years, the company has become one of the world’s largest technology firms due to a significant surge in demand for chips used in data centers and AI systems.
