FILE: Jensen Huang at the first K.T. Li Awards ceremony, November 9, 2023. Photo: Simon Liu / Office of the President, Taiwan, via Wikimedia Commons, CC BY 2.0; cropped and resized.
Jensen Huang has resigned as Nvidia’s president, chief executive officer and a member of its board, effective immediately, the company announced Thursday. Chief Financial Officer Colette Kress will serve as interim CEO while retaining her finance role.
Nvidia’s board is beginning a search for a permanent chief executive and will consider both internal and external candidates. The company’s November 12 announcement did not give a reason for Huang’s resignation.
The board also appointed Harvey C. Jones as its first-ever chair. Jones has previously served as chief executive officer and executive chairman of Synopsys.
Kress to Keep CFO Role During Search
Kress has been Nvidia’s executive vice president and chief financial officer since joining the company in September 2013. Before that, she held finance roles at Cisco and Microsoft, according to Nvidia.
The company said she will retain her executive vice president and CFO responsibilities while serving as interim CEO until a permanent successor is named.
“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,” Jones said in the announcement.
Kress said the company would continue its work in accelerated computing and artificial intelligence, with a focus on customers, partners, developers and shareholders.
Nvidia said its third-quarter fiscal 2027 results remain scheduled for November 17 at approximately 1:20 p.m. Pacific time, followed by an earnings call at 2 p.m. Pacific.
Source: Nvidia’s November 12 CEO transition announcement.
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