Nvidia CEO Jensen Huang resigns following infidelity and spy allegations
Chief Financial Officer Colette Kress will serve as interim CEO after the board forced Huang's resignation on Wednesday night.
Nvidia Corp. Chief Executive Officer Jensen Huang resigned from his position late Wednesday night following allegations of infidelity and ties to a suspected Chinese spy, according to reports by Hindustan Times and Moneycontrol.
The resignation followed a board meeting held late Wednesday after the New York Times reported that Huang was having an extramarital relationship with Kimberly Powell, Nvidia’s vice president of health care. This came after earlier reports in late October regarding Huang's relationship with Alice Huang, a woman suspected of being a Chinese spy.
Huang had previously denied being unfaithful to his wife during internal questioning since late 2025. However, after a Financial Times report on November 6 cited US officials claiming the relationship was romantic, Nvidia general counsel Tim Teter confronted Huang, who then confessed.
The board of directors appointed Chief Financial Officer Colette Kress as interim CEO on Thursday morning. Kress sent an email to employees expressing her belief in the company and its future, while pledging to hold an all-hands meeting on November 18.
Harvey Jones, the chair of the board, described Huang's contributions to the technology company as profound. The company is scheduled to report its results the day after the resignation announcement.
Huang is expected to testify before Congress in the coming weeks regarding his relationship with Alice Huang and potential risks to company secrets.