Jensen Huang has resigned as Nvidia’s chief executive, president and board member, effective immediately, the company confirmed in a statement on Thursday after a late-night board meeting on Wednesday. The move follows reports of two extramarital affairs, one with former Megaspeed executive Alice Huang, whom US intelligence reportedly suspects of spying for China, and another with Nvidia healthcare vice president Kimberly Powell, who reported to him. Chief financial officer Colette Kress has been named interim CEO. In a shift in how the company is run, Nvidia also appointed former Synopsys CEO Harvey C. Jones as the first board chair in its history. Nvidia’s statement did not include any comment from Huang. Kress said she would build on the foundation Huang created over 33 years and keep the focus on customers and shareholders. The board has begun searching for a permanent CEO and will consider both internal and external candidates, with Apple hardware chief Johny Srouji among names mentioned in reports.
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