US President Donald Trump on Nov. 12 (local time) recommended former Apple CEO Tim Cook as the next chief executive of Nvidia, following the resignation of Jensen Huang.
Nvidia announced on Nov. 12 that Huang had stepped down as the company's president, CEO and a member of its board of directors, with immediate effect. Colette Kress, the company's current executive vice-president and chief financial officer, has been appointed interim CEO. She will continue to serve as CFO until a permanent successor is appointed.
In a post on social media, Trump said: "NOW THAT Nvidia CEO JENSEN HUANG, who has done a fantastic job, has resigned, there is only one man to take his place–TIM COOK of Apple. A Legend replaces a Legend!"
Cook officially stepped down as Apple's CEO on Sept. 1 this year.
On Nov. 8, Huang acknowledged in a letter to Nvidia employees that he had been unfaithful to his wife, saying his actions had hurt his wife and children. He said there was no excuse for his behaviour, that he was willing to take full responsibility and that he accepted criticism.
On the same day, Nvidia's board of directors announced that it would launch an independent investigation into allegations concerning Huang's personal relationships.
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