Nvidia: Jensen Huang Resigns as CEO After Scandal

For the world of computing, it's the end of an era: Nvidia, a global leader in the graphics processor sector, has announced a change at the top, after remaining firmly in the hands of Jensen Huang for over 30 years. Along with Chris Malachowsky and Curtis Priem, Huang founded Nvidia in 1992 and after a few difficult years led its ascent to become the giant we know today (currently valued at something like 3.8 trillion dollars on the market).

Jensen Huang's Abdication 

In recent days, Huang has been engulfed by the scandal of an extramarital affair with an alleged Chinese spy: we'll spare you the details (which you may already know), but as you can imagine, the hot affair had very negative repercussions on the company's image and its stock price. The situation came to a head today: Nvidia announced that Huang has stepped down.

Who is Nvidia's New CEO

Jensen Huang has resigned from his positions as president, CEO, and member of the board of directors, effective immediately. In his place, Colette Kress, another historical figure at Nvidia, who already holds the roles of executive vice president and CFO, has been appointed as interim CEO. The board has begun the search for a permanent CEO and will consider candidates both internal and external to the company. The board itself is now chaired by a new position, that of Chair of the Board, assigned to Harvey C. Jones.