Nvidia lauds Jensen Huang's ‘profound’ contributions after CEO resigns; assures business continuity

Detailed summary

The company statement said that Nvidia's current executive vice president Colette Kress would serve as interim CEO. | World News

Nvidia has thanked Jensen Huang for his “profound” contributions to the company following his resignation as the chief executive officer on Thursday, assuring that its operations, customer commitments and product roadmap will continue without interruption.

Huang's resignation came after reports of his alleged extramarital affairs, including one involving a woman suspected of being a Chinese spy. In a memo to Nvidia employees on Sunday, acknowledged being unfaithful to his wife and “took full responsibility.”

In its statement announcing the leadership transition, Nvidia said that the company's board of directors had announced that Huang had resigned as president, CEO and a member of the board, effective immediately. It further said that Nvidia's executive vice president and and chief financial officer, Colette Kress, had agreed to serve as interim CEO till a permanent appointment is made for the position.

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