Jensen Huang Resigns as Nvidia CEO, Colette Kress Named Interim Chief

Nvidia’s board of directors has announced that co-founder Jensen Huang has resigned as president, chief executive officer and board member, effective immediately, ending his 33-year leadership of the company at the centre of the AI chip industry.

Colette Kress, Nvidia’s executive vice president and chief financial officer, will serve as interim CEO while continuing in her CFO role until a permanent successor is appointed. The board has begun a search for a permanent chief executive and will consider both internal and external candidates.

Kress joined Nvidia in September 2013 and has led its finance organisation since, playing a key role in the company’s growth. She previously spent nearly 25 years in finance roles at technology companies including Cisco and Microsoft.

The board has also appointed Harvey C. Jones as its first-ever chair. Jones has more than 30 years of experience as an entrepreneur, technology executive and venture investor, and previously served as CEO and executive chairman of Synopsys.

Jones said Kress has helped steer Nvidia through a period of extraordinary growth and has a deep understanding of its business, customers, operations and finances. He added that the board has full confidence in her and the wider leadership team, and expects operations, customer commitments and the product roadmap to continue without interruption.

Kress said she is committed to building on the foundation Huang created and will continue advancing the work that made Nvidia a leader in accelerated computing and AI, with a focus on customers, partners, developers and shareholders.

The board thanked Huang for his contributions to the company and the wider industry, describing Nvidia as one of the most consequential technology companies in the world.

Nvidia will report its third-quarter fiscal 2027 results as scheduled on Tuesday, November 17, at approximately 1:20 p.m. PT, followed by an earnings call at 2 p.m. PT.