Jensen Huang steps down from Nvidia amid corporate scandals
Nvidia CEO Jensen Huang has resigned from all positions following an internal investigation and allegations of ethical misconduct.
🏢БізнесPhoto: Інтерфакс-Україна: загальні
Key points
- Jensen Huang resignation
- Nvidia internal investigation
- Leadership transition
Jensen Huang, who has long led Nvidia Corp., has officially stepped down as CEO and president, and has also resigned from the company's board of directors. The company has announced interim leadership changes: CFO Colette Kress will serve as acting CEO, while Harvey Jones, former head of Synopsys Inc., will chair the board of directors.
The leadership shake-up follows a series of scandals. The board of directors has launched an internal investigation into Huang's ties with an entrepreneur suspected of attempting to bypass sanctions on high-tech chip exports to China. Additionally, media reports have surfaced regarding an office affair between the former executive and Nvidia Vice President Kimberly Powell.
Despite his departure, Jensen Huang remains a major stakeholder, holding approximately 3.6% of the company's shares, making him the fourth-largest shareholder.
Source Інтерфакс-Україна: загальні — interfax.com.ua/news/general/1235560.html ↗
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