Nvidia CEO resigns amid scandal; CFO named interim - ESG Dive
Nvidia announced Thursday that CEO and Founder Jensen Huang has resigned effective immediately, with CFO Colette Kress named interim CEO.
The resignation comes after Huang's affair with an alleged Chinese spy raised questions about leadership succession at the chipmaker. Nvidia confirmed Huang's departure from his roles as CEO, president and board member, marking a sudden end to his tenure at the technology company.
Leadership Transition
Colette Kress, who has served as Nvidia's CFO for an extended period, will take on the interim CEO responsibilities immediately. The company has initiated a search process to identify a permanent successor to lead the organization.
Huang's affair with an alleged Chinese spy led to questions about a potential successor and whether the chip-maker's CFO could fit the bill, at least on a temporary basis.
Developing Story
The situation remains fluid as Nvidia navigates this unexpected leadership change. The company has not provided additional details about the timeline for finding a permanent CEO or further information about the circumstances surrounding Huang's departure.
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