Jensen Huang resigned as CEO of Nvidia this morning after the board opened an investigation into multiple extramarital affairs and an alleged relationship with a Chinese spy. Harvey Jones, the new first Chair of the Board, announced the departure in an internal email that named CFO Colette Kress as interim CEO. The memo described the situation as an extraordinarily difficult period for the company Huang co-founded in 1993. It confirmed the investigation concluded with his resignation and outlined Kress’s immediate responsibilities to maintain stability during the transition. The board emphasised that the decision followed a thorough review of the allegations rather than a sudden operational failure. Employees received clear instructions on leadership continuity while the company addresses the personal conduct issues that triggered the shakeup. This move marks a significant structural change at the top of the semiconductor firm without altering its core technical products or existing customer contracts.
- Colette Kress assumes interim CEO duties immediately.
- Harvey Jones serves as the first Chair of the Board.
- The resignation stems from board investigations into personal conduct.
