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Jensen Huang resigns as Nvidia CEO after personal-life scandal

TechnologyInternationalEl ColombianoAI summary
Image: El Colombiano

Jensen Huang resigned this Thursday, November 12, as chief executive of Nvidia, the company he co-founded in 1993. Colette Kress, executive vice president and chief financial officer, will take over as interim CEO while a permanent successor is sought. Huang will also leave the board but will keep a stake of roughly 3.61%. The exit came after days of pressure over reports about his personal life, including an alleged relationship with a purported Chinese spy and another with Kimberly Powell, a senior Nvidia executive. The stock fell 12% on Wall Street.

In 45 seconds

  • Jensen Huang resigned as Nvidia CEO and will not remain on the board; he keeps about 3.61% of the shares.
  • Colette Kress, the chief financial officer, will serve as interim CEO while a permanent successor is sought.
  • The resignation followed reports of an alleged relationship with a purported Chinese spy and another with Kimberly Powell, a senior Nvidia executive.
Read the full story at El Colombiano

IASummary generated by artificial intelligence from a story by El Colombiano. It may contain errors: the original source prevails.

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