The brief
· Republicans push for Jensen Huang to testify after his resignation ↓
Nvidia's board has announced that Jensen Huang, the chief executive widely regarded as one of the most important figures in the technology industry, is no longer leading the company. Chief Financial Officer Colette Kress will take over as interim chief executive while the board searches for a permanent replacement.
Bloomberg reported that Huang was ousted from his post after reports of two affairs, including one with a woman who is suspected of spying for China. The account came from Bloomberg Television reporting by Ed Ludlow.S2
Republicans push for Jensen Huang to testify after his resignation
- Rep. Tim Burchett said Huang should testify and that he has nothing to hide now, according to ABC News.
- Rep. John Moolenaar, chairman of the China Select Committee, told ABC News that lawmakers are concerned about national security.
- Kress joined Nvidia as CFO in September 2013 after about 25 years in tech finance, including eight years at Texas Instruments and 13 at Microsoft, according to Motley Fool.
- Shares fell as much as 14% at one point on the day of the announcement, according to Motley Fool.
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