From Hindustan Times
Owned by HT MediaNvidia lauds Jensen Huang's ‘profound’ contributions after CEO resigns; assures business continuity
What's behind this
Nvidia co‑founder Jensen Huang resigned as president and chief executive with immediate effect after a board meeting on 12 November, following mounting controversy over his personal relationships and allegations involving a Chinese businesswoman suspected of espionage. The resignation triggered a drop of nearly 11% in Nvidia’s pre‑market share price and broader investor unease. The company said executive vice‑president and chief financial officer Colette Kress will serve as interim CEO while retaining her finance role, and the board will seek both internal and external candidates for a permanent replacement.
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The company statement said that Nvidia's current executive vice president Colette Kress would serve as interim CEO.