Nvidia co-founder Jensen Huang has resigned as chief executive of the chipmaker, according to reports, following allegations about an extramarital relationship with a Chinese woman. Huang has also stepped down as company president and left the board of directors.
To fill the vacancy, Nvidia’s board has appointed Chief Financial Officer Colette Kress as interim CEO. She will serve in the role alongside her CFO duties until a permanent chief executive is named.
The board has begun a search for a successor, considering both senior executives within the company and prominent figures from the wider technology industry. Separately, board member Harvey C. Jones has been named Nvidia’s first chairman.
In an official statement, Jones said day-to-day operations, commitments to customers and new product plans would continue as planned despite the leadership change. He also thanked Huang on behalf of the company for his role in building Nvidia into an industry leader.