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Nvidia appointed Harvey C. Jones chair and named Colette Kress interim CEO

Updated · First published

Nvidia’s board appointed longtime director Harvey C. Jones as its first chair and named Chief Financial Officer Colette Kress interim CEO after Nvidia co-founder Jensen Huang resigned as president, CEO and director. The board is searching for a permanent chief executive and will consider internal and external candidates, the company said.

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NPR reported that Nvidia opened an investigation days after The New York Times reported Huang had an affair with a client whom U.S. intelligence officials concluded had been recruited by China’s top spy agency. NPR said it had not independently confirmed the reports. Al Jazeera reported the relationship also prompted FBI and congressional investigations.

Moneycontrol reported Huang acknowledged being unfaithful in a message to employees. A proposed shareholder class action filed Nov. 9 accuses Nvidia and Huang of concealing the alleged affair and misleading investors about national-security risks, Law Commentary reported.

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