Jensen Huang Resigns as Nvidia CEO; Some Employees Call for His Return

Nvidia’s board announced on November 12 that Jensen Huang had resigned as CEO. Before the announcement, an engineer posted on the company’s internal feedback platform, asking the board to hear employees’ views before deciding whether Huang should remain CEO. The post has received more than 1,600 comments, with many employees urging the board to bring him back.

One employee emailed the entire company asking for an explanation of Huang’s departure. Within hours of the announcement, about 20 employees posted messages of support for him on LinkedIn. Another person claiming to be a Nvidia employee wrote on X on November 12 that they feared his departure could cause serious financial losses for the company; this was the employee’s personal assessment.

Jensen Huang attends a meeting with the media in Singapore on December 6, 2023.（VietVance）

Huang has led Nvidia since its founding in 1993. In an email to employees the previous weekend, he admitted being unfaithful to his wife and said there was no excuse for his actions. The board announced his resignation after further reports emerged about his romantic relationships with company employees. Huang has not commented on those reports.

Nvidia Chief Financial Officer Colette Kress is serving as interim CEO, and Harvey Jones, a former CEO of Synopsys, has become chairman. Wired magazine said Nvidia’s market capitalization has fallen by about $1 trillion since reports of Huang’s extramarital affair emerged.

Source: VietVance