Summary
NVIDIA says Jensen Huang resigned as president, CEO and a board member, effective immediately. CFO Colette Kress will serve as interim CEO while the board searches for a permanent successor.
NVIDIA’s board says Jensen Huang has resigned as the company’s president, chief executive officer and a board member, effective immediately. Colette Kress, NVIDIA’s executive vice president and chief financial officer, will take on the interim CEO role while continuing as CFO. The board says it has begun a search for a permanent chief executive and will consider internal and external candidates.
Kress takes on both roles during the search
Kress has been NVIDIA’s CFO since joining the company in September 2013. Before that, she spent nearly 25 years in finance roles at technology companies, including Cisco and Microsoft, according to NVIDIA.
The company’s board says Kress has a deep understanding of its business, customers, operations and financial position. Board chair Harvey C. Jones said the board expects NVIDIA’s operations, customer commitments and product roadmap to continue without interruption. That is the board’s stated expectation as Kress takes on the interim role; the announcement gives no timetable for choosing a permanent CEO.
A new board chair
The board also appointed Jones as its first chair. NVIDIA says Jones has worked as an entrepreneur, technology executive and venture investor for more than 30 years, including as CEO and executive chairman of Synopsys.
The transition changes both the company’s executive leadership and its board leadership. Kress will lead NVIDIA while the succession search proceeds, and Jones will chair the board. NVIDIA said its third-quarter fiscal 2027 results remain scheduled for November 17, with an earnings call that day.