NVIDIA has announced the immediate resignation of co-founder Jensen Huang as President, Chief Executive Officer and a member of its Board of Directors, bringing his 33-year leadership of the technology company to an end.
The company’s Board of Directors has appointed Colette Kress, NVIDIA’s current Executive Vice President and Chief Financial Officer, as Interim Chief Executive Officer. Kress will retain her finance responsibilities while leading the company until a permanent successor is appointed.
The board confirmed that it would begin a search for a permanent CEO, considering both internal and external candidates. Kress joined NVIDIA in September 2013 and has since led the company’s finance organisation. Before joining NVIDIA, she spent nearly 25 years in finance roles at technology companies, including Cisco and Microsoft.
NVIDIA has also appointed Harvey C. Jones as the first Chair of its Board of Directors. Jones is an entrepreneur, technology executive and venture investor with more than 30 years of experience. He previously served as Chief Executive Officer and Executive Chairman of Synopsys.
Jones said Kress had helped guide NVIDIA through a period of significant growth and had developed a strong understanding of its business, customers, operations and financial position. He added that the board had confidence in Kress and the existing leadership team, expecting the company’s operations, customer commitments and product roadmap to continue without interruption.
Kress said she would build on the foundation established by Huang and continue advancing NVIDIA’s work in accelerated computing and artificial intelligence. She also reaffirmed the company’s focus on serving its customers, partners, developers and shareholders.
The board acknowledged Huang’s contributions to NVIDIA and the wider technology industry, recognising his role in building the company into one of the world’s most consequential technology businesses.
Meanwhile, NVIDIA confirmed that its third-quarter fiscal 2027 financial results would be released on Tuesday, November 17, at approximately 1:20 p.m. Pacific Time. The results would be followed by an earnings call at 2 p.m. Pacific Time, as previously scheduled.
