After a rather tumultuous few days which involved an investigation into NVIDIA boss Jensen Huang , the company’s Board of Directors has now announced that Huang has stepped down as NVIDIA President, CEO, and member of the board . Huang’s resignation follows reports of two extramarital affairs, including one with a suspected Chinese spy.

That said, NVIDIA Executive Vice President and Chief Financial Officer Colette Kress has now stepped in as Interim Chief Executive Officer while the Board initiates a search for a permanent successor. Kress joined NVIDIA in 2013, and will maintain her current financial leadership responsibilities during this transition. She comments:

NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years… We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead.…