The Verge published the full text of internal letters from Nvidia management sent to employees after the resignation of the company’s co-founder and CEO Jensen Huang. The decision to leave came after the board of directors initiated an investigation into Huang’s several extramarital affairs with a direct subordinate and an alleged Chinese spy.
Image source: Nvidia
In the first letter, the new and first-ever chairman of the board of directors, Harvey Jones, addressed employees. He announced Huang’s resignation as CEO and member of the board of directors. Jones said, “The Board of Directors has asked our Chief Financial Officer, Colette Kress, to serve as interim CEO while we search for a permanent successor from both internal and external candidates.”
Jones added that in her more than 13 years as CFO, Colette has become a key architect of Nvidia’s growth and capital strategy, and the board has full confidence in her ability to deliver on its commitments to shareholders, customers and partners. Additionally, he noted, “Jensen’s contributions to Nvidia have been tremendous. Nvidia is one of the most important technology companies in the world. We pioneered accelerated computing, defined the modern GPU, and created the platform that powered the development of artificial intelligence.”
Jones concluded by emphasizing that the company’s strength lies in its people, leadership, technology base and partner ecosystem, ensuring that under Colette’s leadership the business will continue to grow and lead the industry forward.
Interim CEO Colette Kress wrote back to the team and said, “I have great faith in this company and its future. Most of all, I believe in each of you, our customers and partners, and the vital role we play every day in the global economy.”
She added that the board of directors, executive management and herself recognize how exceptionally challenging this period has been and thanked the team for their resilience, professionalism and ongoing dedication. In addition, Kress noted that the company has achieved so much thanks to the daily work of its employees, and announced a general meeting of the team for November 18.
She concluded: “We play a vital role in creating the technologies that are driving the AI revolution, and we have important work ahead of us. So let’s move forward together – with the same determination and dedication that has always defined this company.”
If you notice an error, select it with the mouse and press CTRL+ENTER.
