Jensen Huang has resigned from his roles as president, chief executive officer, and a member of the board, effective immediately, Nvidia said.
He is being replaced by Colette Kress, the company’s chief financial officer since 2013.
“She has agreed to serve as interim Chief Executive Officer. She will maintain her duties as executive vice president and chief financial officer during this period, until a permanent successor is appointed. The board has launched the process to recruit a permanent chief executive and will consider internal and external candidates,” Nvidia stated.
A new chairman of the board, Harvey C. Jones, has also been elected.
Huang’s resignation was prompted by a revelation from the New York Times (NYT) last month. U.S. intelligence agencies reportedly discovered that the Nvidia chief maintained a close relationship with a Chinese national, a chip buyer, who Washington believes was gathering intelligence for Beijing.
Additionally, the NYT revealed on November 11 that Jensen Huang had an extramarital affair with Kimberly Powell, Nvidia’s Vice President of Health, who reports directly to him.