The Nvidia board of directors on Thursday announced that Colette Kress, the company's current Executive Vice President and Chief Financial Officer, has agreed to serve as its interim CEO as its future hangs in the balance.
The board had announced earlier today that the founder and CEO of the tech giant had resigned amid backlash over his extramarital affairs.
The former Microsoft executive will now serve as the interim head of the $4.5-trillion chipmaker until a permanent replacement is found, though Nvidia does not have a succession plan in place.
This comes after New York Times reported Huang had admitted to the affairs—one reportedly with Kimberly Powell, an executive who joined Nvidia in 2008 and heads its healthcare vertical, and the other with Alice Huang, a Chinese businesswoman and alleged spy.
Though the chipmaker had earlier said that the Jensen was “committed to continuing to lead ... as CEO without interruption”, backlash over the extramarital affairs grew after the second affair with Powell also came to light.
(More details are awaited.)
