NVIDIA has announced the immediate resignation of Jensen Huang as President, Chief Executive Officer and member of its Board of Directors, appointing Chief Financial Officer Colette Kress as Interim CEO while the company searches for a permanent successor.
The company’s Board of Directors confirmed that Kress will retain her position as Executive Vice President and Chief Financial Officer alongside her interim leadership responsibilities until a permanent CEO is appointed. The Board will consider both internal and external candidates as part of its succession process.
Kress joined NVIDIA in September 2013 and has served as its Executive Vice President and CFO since then. During her tenure, she has led the company’s finance organisation and contributed to its growth and development. Before joining NVIDIA, she spent nearly 25 years in finance roles at major technology companies, including Cisco and Microsoft.
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The Board also appointed Harvey C. Jones as its first-ever Chair. Jones has been an entrepreneur, technology executive and venture investor for over 30 years, and previously served as CEO and Executive Chairman of Synopsys.
Jones said: “Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position. She is supported by an experienced leadership team that has been instrumental in executing NVIDIA’s strategy and advancing its technology roadmap. The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption.”
Kress said: “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. Our focus remains on serving our customers, partners, developers and shareholders.”
The Board thanked Huang for his contributions to the company and the industry. NVIDIA will report its third-quarter fiscal 2027 results on Tuesday, 17 November, at about 1:20 p.m. PT, as scheduled, followed by an earnings call at 2 p.m. PT.
