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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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What happened
- 01NVIDIA CEO Jenssen Huang resigned on November 12 due to an affair with VP Kimberly Powell.
- 02NVIDIA's stock dropped 10% following the announcement of CEO Jenssen Huang's resignation.
- 03CFO Colette Kress has been appointed interim CEO of NVIDIA.
- 04The NVIDIA board is searching for a new permanent CEO, considering internal and external candidates.
- 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.
The coverage
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How it broke
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