From The National Herald
Owned by The Associated Journals Ltd.Nvidia chief Jensen Huang resigns, CFO Colette Kress named interim CEO
What's behind this
NVIDIA Corp. announced on Thursday that its 63‑year‑old co‑founder Jensen Huang has resigned as president, chief executive officer and board member, effective immediately, ending a 33‑year tenure. The departure follows mounting scrutiny over reported extramarital affairs, including one with a Chinese businesswoman, and related national‑security concerns. CFO and executive vice president Colette Kress was named interim CEO, with the board planning to evaluate internal and external candidates for a permanent replacement. NVIDIA shares fell more than 13 % in pre‑market trading after the announcement, though they later recouped part of the loss.
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The 63-year-old steps down as president, CEO and board member with immediate effect, ending 33-year association