Meet Colette Kress, Nvidia’s New Interim CEO
What happened
Jensen Huang has resigned as chief executive of Nvidia with immediate effect, the company said on Thursday, days after he admitted to an affair with a woman U.S. intelligence officials suspect works for China.
Chief financial officer Colette Kress will serve as interim CEO and keep her finance role while Nvidia looks at internal and external candidates for a permanent successor, according to Der Standard and TechCrunch.
In a letter to staff on Sunday, Huang acknowledged being unfaithful to his wife and apologized; the other woman is Alice Huang, an executive at Singapore-based Megaspeed, a major Nvidia customer.
The Wall Street Journal also reported, citing a person familiar with the matter, that Huang had a second affair with Kimberly Powell, who runs Nvidia's healthcare business; Powell did not respond to requests for comment.
Nvidia's stock fell nearly 12% in early trading on Thursday and has dropped by as much as 19% since Friday, a loss of more than $855 billion in market value, TechCrunch reported.
Summary written by AI from 3 independent sources (To Vima, Der Standard, TechCrunch) and checked automatically against them for copied text and numbers that are not in the sources. How we work
Open on the live globe →Who reported it
- 2026-11-12 13:16 UTCTo Vima · tovima.com ↗
- 2026-11-12 13:53 UTCLe Monde · lemonde.fr ↗
- 2026-11-12 13:55 UTCDer Standard · derstandard.at ↗
- 2026-11-12 14:10 UTCTechCrunch · techcrunch.com ↗
- 2026-11-12 14:11 UTCNZZ · nzz.ch ↗
- 2026-11-12 14:14 UTCWired · wired.com ↗
- 2026-11-12 14:23 UTCANSA · ansa.it ↗
- 2026-11-12 14:49 UTCTagesschau · tagesschau.de ↗
- 2026-11-12 14:50 UTCtaz · taz.de ↗
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