NVIDIA has confirmed that Jensen Huang has resigned from his positions as Company President, Chief Executive Officer, and member of the Board of Directors, effective immediately. Vice President Colette Kress will temporarily lead NVIDIA while the company searches for and appoints a new CEO.
In her statement, Kress said she would continue to advance the business built by Jensen Huang over the past 33 years, maintain NVIDIA's work in accelerated computing and artificial intelligence, and capitalize on the company's existing growth opportunities. In its official statement, NVIDIA thanked Huang for his contributions to the company and the industry but did not directly link his resignation to recent controversies.
Jensen Huang previously admitted to having an extramarital affair with a woman and apologized to his family. NVIDIA subsequently launched an investigation, and Huang stated he would fully cooperate. Later reports also alleged another affair between him and Kimberly Powell, NVIDIA's Vice President of Healthcare Business.
The board of directors held a meeting that day to discuss Jensen Huang's future at the company. However, claims that the board forced him out and only allowed him to leave via resignation are speculative inferences from the article and have not been confirmed by any official NVIDIA statement.
Following Jensen Huang's departure, NVIDIA has entered an interim management phase. The company will now seek a new CEO, while the outcomes of the investigation, the choice of successor, and whether the leadership transition will impact established business operations remain to be clarified.