Jensen Huang resigns as Nvidia CEO, Colette Kress takes interim role
Wired AI: Meet Colette Kress, Nvidia’s New Interim CEO
Nvidia’s longtime chief financial officer helped transform the company into an AI powerhouse. Now she’s taking the reins following Jensen Huang’s resignation on Thursday.
Jensen Huang resigned from his positions as Nvidia co-founder and CEO effective immediately following reports of affairs with an alleged Chinese spy and a direct report at the company. Colette Kress, Nvidia's CFO and Executive Vice President, has assumed the role of interim CEO while the board searches for a permanent successor. Kress has worked at Nvidia since 2013 and previously held finance leadership roles at Cisco and Microsoft.
- Wired AI ↗: Kress helped transform the company into an AI powerhouse.
- TechCrunch ↗: Huang was CEO for 33 years and never established a succession plan, despite Nvidia designing chips central to the AI industry and being one of the world's most valuable companies.
Nvidia designs the chips central to the AI industry and is one of the world's most valuable companies, yet the leadership transition occurs without an established succession plan.
The lesson for this story is being written.
One short email a day with the stories that matter. Free. Unsubscribe with one click.
Want to go deeper than the news? Explore live, cohort-based AI courses taught by practitioners.
Browse AI courses on Maven
Nvidia is reportedly preparing to fire Jensen Huang
Nvidia's board is preparing to dismiss CEO Jensen Huang following a report from the New York Times about a second alleged extramarital affair, just days after he admitted to a separate affair with a woman alleged to be a Chinese spy, The Wall Street Journal reports. The second alleged affair was with an executive who reports to him, Nvidia's vice president of health care, Kimberly Powell, according to the Times, saying the two may have been captured on video "being affectionate
Also reported by TechCrunch and Wired AI
Nvidia CEO Jensen Huang resigns amid spy, affair scandals
Jensen Huang at GTC Berlin last month. | Photo: Soeren Stache / picture alliance via Getty Images Nvidia's board has ousted Jensen Huang, its longtime co-founder, president, and CEO, after reports of two extramarital affairs - one with an alleged Chinese spy and one with an Nvidia executive who reported to Huang. A press release published Thursday morning announced Huang's resignation, effective immediately, as current CFO Colette Kress has been appointed interim CEO. Huang has
Read Nvidia’s internal emails about the ‘extraordinarily difficult period’ ahead
Jensen Huang resigned as CEO of Nvidia this morning, a company he co-founded in 1993. The decision came following the company's board opening an investigation into multiple extramarital affairs Huang had with a direct report and an alleged Chinese spy. The new, and first, Chair of the Board, Harvey Jones, shared news of Huang's resignation with the company in an email, which also announced CFO Colette Kress as interim CEO. You can read the full text of the board's internal mem
The unfolding Jensen Huang scandal: a timeline
Jensen Huang has resigned from Nvidia following an affair, which could have ramifications for national security as the U.S. and China race to develop the most advanced AI infrastructure.
The unfolding Jensen Huang scandal: a timeline
The affair could have ramifications for national security as the U.S. and China race to develop the most advanced AI infrastructure.
Jensen Huang accused of having another affair, with an Nvidia exec
Jensen Huang, who has come under fire for admitting to an affair with a woman accused of being a Chinese intelligence agent, has been accused of having a separate affair with an Nvidia subordinate.