What Nvidia CEO Jensen Huang’s exit means for CIOs

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Dive Brief:

• Nvidia CEO Jensen Huang has stepped down from the company he helped build more than three decades ago, the company’s board of directors confirmed in a Thursday securities filing.
• The resignation follows reports that Huang engaged in two extramarital affairs, one with a suspected Chinese spy and the other with an Nvidia executive who reported to him. The board appointed CFO Colette Kress as interim CEO until a permanent successor is chosen.
• Huang’s departure won’t affect AI infrastructure and companies relying on the tech giant for systems and hardware in the near term, but, the shakeup hands CIOs a strong argument to deliver to company boards on the importance of governance and vendor diversification, Nick Patience, VP and practice lead, AI platforms at The Futurum Group, told CIO Dive.

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