# Jensen Huang Steps Down After 33 Years at Nvidia

> Nvidia's founder Jensen Huang quits after 33 years, exposing flaws in his flat management style.
- Title: Jensen Huang Steps Down After 33 Years at Nvidia · Inc
- Summary: Nvidia's founder Jensen Huang quits after 33 years, exposing flaws in his flat management style.
- Keywords: jensen huang, nvidia, flat management, co-founder, resignation, silicon valley, stock plunge, executive turnover, Inc
- Source: Inc — https://inc.com/ash-kumra/jensen-huangs-flat-management-structure-looked-like-genius-until-he-quit-3-lessons-companies-can-learn-from-his-ouster/91435561
- Read time: 1 min
- Topics: jensen huang, nvidia, flat management, co-founder, resignation, silicon valley, stock plunge, executive turnover
## Jensen Huang's Resignation
Nvidia co-founder Jensen Huang stepped down after 33 years running the world's most valuable chipmaker.
## Affair with Former Executive
Huang admitted to a past affair with a former executive at Singapore chip buyer Megaspeed, now under U.S. government investigation.
## Second Alleged Relationship
A second alleged relationship involving an Nvidia executive who reported directly to Huang was reported by the New York Times.
## Stock Plunge
Nvidia shares immediately plunged 10 percent in premarket trading after Huang's resignation.
## Flat Management Style
Huang refused to hire a chief operating officer and had roughly 60 executives report straight to him.
## No Operational Successor
Huang never groomed an operational successor or named a president, leaving critical leadership gaps.
## Interim CEO Crisis
Nvidia CFO Colette Kress now faces dual roles as interim CEO and CFO with five days until earnings call.
## Risk of Single Point of Failure
Huang's flat management style, once seen as genius, now appears as a massive single point of failure.
## Key takeaway

Nvidia co-founder Jensen Huang resigned after 33 years leading the company, revealing risks of over-reliance on a single leader.