NVIDIA CEO JENSEN HUANG RESIGNS AFTER 33 YEARS, COLETTE KRESS NAMED INTERIM SUCCESSOR
Nvidia has announced the resignation of its co-founder and long-serving Chief Executive Officer, Jensen Huang, after 33 years at the helm of the technology company, appointing Chief Financial Officer Colette Kress as interim CEO.
The company disclosed on Thursday that Huang had stepped down as President, Chief Executive Officer and a member of its Board of Directors, with immediate effect.
His departure marks a significant leadership transition for Nvidia, which he co-founded and transformed from a graphics processing unit (GPU) manufacturer into one of the world’s leading technology companies and a major supplier of chips powering artificial intelligence (AI) development.
Following the announcement, Nvidia confirmed that Kress would assume interim leadership responsibilities while retaining her position as Chief Financial Officer pending the appointment of a substantive CEO.
The company’s board has reportedly commenced the search for a permanent successor, with consideration being given to both internal and external candidates.
As part of the leadership restructuring, Nvidia also appointed Harvey C. Jones as the first-ever Chairman of its Board. Jones brings more than three decades of experience in entrepreneurship, technology management and venture investment. He previously served as Chief Executive Officer and Executive Chairman of Synopsys Inc.
Commenting on Kress’s appointment, Jones highlighted her extensive understanding of Nvidia’s business operations, financial structure and customer relationships, expressing confidence in her capacity to provide leadership during the transition.
He also assured customers, business partners and investors that the change in leadership would not disrupt the company’s operations, existing commitments or product development plans.
In her remarks, Kress pledged to sustain the company’s strategic direction and build on the foundation established under Huang’s leadership, particularly in accelerated computing and artificial intelligence.
“Our focus remains on serving our customers, partners, developers and shareholders,” she said.
Meanwhile, Nvidia’s board acknowledged Huang’s contributions to the company’s growth and his broader impact on the global technology industry.
Despite the leadership transition, the company confirmed that its third-quarter fiscal 2027 financial results would be released on Tuesday, November 17, at approximately 1:20 p.m. Pacific Time, followed by an earnings conference call at 2:00 p.m.
The company maintained that the financial reporting schedule would proceed as planned despite the executive leadership changes.