Jensen Huang Resigns as NVIDIA CEO Over Affair and Espionage Scandal; Kress Named Interim CEO

On November 12, 2026, The Verge reported that NVIDIA's board announced after a late-Wednesday-night meeting that co-founder Jensen Huang, who had long served as CEO, President, and Director, resigned from all positions effective immediately amid an extramarital affair and espionage scandal. The same day, the board appointed current CFO Colette Kress as interim CEO and named former Synopsys CEO Harvey C. Jones as the company's first-ever Chairman of the Board. TechCrunch subsequently reported that Huang had been with NVIDIA for 33 years, and his departure was reportedly linked to the exposed improper relationships; TechCrunch also noted that Kress, who also serves as Executive Vice President, joined NVIDIA in September 2013 and previously worked at Cisco and Microsoft. TechCrunch also mentioned that NVIDIA will release its quarterly earnings report next Tuesday, at which time more succession arrangements may be announced. Follow-up reporting by The Verge disclosed an internal email from Huang, saying his resignation stemmed from a board investigation into multiple extramarital affairs with direct subordinates and allegations involving a China-related espionage accusation. The previous reports were consistent with each other, with no discrepancies in figures or statements. There have been no published reports of any public response from Huang so far, and the company's further succession arrangements remain to be disclosed with the earnings release.

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