Nvidia CEO Jensen Huang, who has been embroiled in controversy over alleged relationships with women, has reportedly resigned from the leadership positions he held at the company. The company’s board of directors has announced the decision. According to the board, Colette Kress has agreed to take over as interim CEO. She previously served as the company’s Executive Vice President and Chief Financial Officer.
In a statement, board member Harvey Jones said, “Colette has helped lead Nvidia through an extraordinary period of growth. She has deep knowledge of our business, customers, operations, and financial position.”
The company also announced that Harvey Jones has been elected as the first chairman of its board of directors. Jensen Huang’s position reportedly came under pressure after reports emerged alleging that he had extramarital relationships with two women. One of the women was even alleged to have possible links to Chinese intelligence.
Who Is Jensen Huang ?
Born in Taiwan, 63-year-old Jensen Huang co-founded the American technology company Nvidia in 1993. Since then, he has led the company and transformed it into a trillion-dollar technology giant. He has even been described as the “Taylor Swift of the technology industry.” His estimated net worth is reportedly around $145 billion (£109 billion).
Nvidia is one of the world’s leading manufacturers of advanced computer chips. Its chips are essential for video games, cloud servers, and particularly artificial intelligence (AI) technology. With a market valuation exceeding $4 trillion, Nvidia is the second most valuable company in the world.
A few days ago, reports emerged alleging that Huang had an extramarital relationship with a woman named Alice Huang. Following the controversy, he reportedly sent an apology letter to Nvidia employees, in which he acknowledged violating his marital commitment. The controversy has reportedly triggered a significant decline in Nvidia’s share price.
