Jensen Huang resigns as Nvidia CEO; Colette Kress named interim
Original title: Nvidia CEO Jensen Huang resigns after reports of second affair deepened scandal
Nvidia shares fell more than 10% in pre-market trading as the board named CFO Colette Kress interim CEO.
Nvidia's board said Jensen Huang resigned as chief executive, president and board member. CFO Colette Kress, at Nvidia since September 2013, will serve as interim CEO, and Harvey Jones was elected the company's first board chair. The live report ties the exit to reports of affairs, including a relationship under investigation with a woman accused of being a Chinese spy.
Unconfirmed: The Chinese-spy allegation is described as an accusation under investigation, not a confirmed finding.
- Kress has been executive vice president and CFO since September 2013.
- Harvey Jones was elected Nvidia's first board chair.
- Shares were down more than 10% in pre-market trading before the US open.
- Huang left the CEO, president and board roles.
From the original article
14 min read at bbc.co.uk
Huang, who steered Nvidia to enormous success, ultimately undone by his own love life published at 14:20 GMT If I’d told you this time last week that Jensen Huang was about to leave Nvidia, you would not have believed me.
By cognoboffin · bbc.co.uk
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