Jensen Huang resigns as Nvidia CEO; CFO Colette Kress named interim replacement

Nvidia's board announced Thursday that co-founder and 33-year CEO Jensen Huang has resigned as President, CEO and board member, effective immediately, following reports of affairs with an alleged Chinese spy and a direct report. CFO and EVP Colette Kress, at Nvidia since September 2013 and previously CFO of Cisco's Business Technology Operations Finance and a 13-year Microsoft veteran, takes over as interim CEO while the company searches for a successor. Kress said Nvidia will continue advancing its work in accelerated computing and AI, and the company reports quarterly earnings on Tuesday.