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Full coverage· Economy· Updated

NVIDIA CEO Jenssen Huang Resigns Amidst Affair Scandals

NVIDIA CEO Jenssen Huang resigned on November 12 following news of an affair with a subordinate, Vice President Kimberly Powell. CFO Colette Kress was named interim CEO, and NVIDIA's stock fell 10%.

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NVIDIA CEO Jenssen Huang Resigns Amidst Affair Scandals
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What happened

  1. 01NVIDIA CEO Jenssen Huang resigned on November 12 due to an affair with VP Kimberly Powell.
  2. 02NVIDIA's stock dropped 10% following the announcement of CEO Jenssen Huang's resignation.
  3. 03CFO Colette Kress has been appointed interim CEO of NVIDIA.
  4. 04The NVIDIA board is searching for a new permanent CEO, considering internal and external candidates.
  5. 05Apple's Jony Srouji is mentioned as a potential external candidate for the CEO position.

The board will search for a permanent replacement, considering internal candidates like Jony Srouji and external leaders, while Huang's children also work at the company.

Translated and summarized by baba from NEWSru Israel, the latest report. Read NEWSru Israel’s original

The coverage

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