Nvidia CEO Jensen Huang resigns amid spy scandal
Colette Kress will serve as interim chief executive officer following the departure of the co-founder.
Nvidia President and Chief Executive Officer Jensen Huang resigned from his position and the company's board of directors on Thursday, November 12, 2026. According to reports from The Hindu and The Shillong Times, the resignation follows scrutiny regarding an affair with a woman suspected by US authorities of having ties to Chinese intelligence.
The company's board has appointed Colette Kress, the current Executive Vice President and Chief Financial Officer, to serve as interim CEO. Kress will maintain her finance role until a permanent successor is named. The board is currently searching for a permanent replacement and will consider both internal and external candidates.
The resignation comes after revelations of extramarital affairs. The Hindu reported that Huang admitted to being unfaithful to his wife, though he did not disclose details regarding an alleged relationship with Alice Huang, a Chinese executive. Media reports on November 11 also alleged an affair with an Nvidia employee who reports to him.
Following the news, Nvidia shares fell more than 10 per cent in pre-market trading. The Board of Directors has also appointed Harvey C. Jones as the company's first-ever Chair of the Board.
Jones is a technology executive and former CEO of Synopsys.
Harvey Jones stated that the board has full confidence in Kress and the leadership team. He said the company expects operations, customer commitments, and the product roadmap to continue without interruption. Kress said the company remains committed to building on the foundation created by Huang over the last 33 years.
