Nvidia's Jensen Huang resigns; Colette Kress named interim CEO

NVIDIA’s board of directors said Jensen Huang has resigned as president, chief executive and a board member, effective immediately. Colette Kress, the company’s executive vice president and chief financial officer, has agreed to serve as interim CEO while keeping her CFO role, and will hold the post until the board names a permanent successor. The board says it is opening a search that will weigh both internal and external candidates.

Kress has run NVIDIA’s finance organization since joining in September 2013, after nearly 25 years in finance roles at Cisco and Microsoft. Separately, the board named Harvey C. Jones as its first-ever chair — a new governance role at NVIDIA. Jones has spent more than 30 years as an entrepreneur, technology executive and venture investor, including a stint as CEO and executive chairman of Synopsys.

Jones said the board has full confidence in Kress and the existing leadership team, which he credited with executing NVIDIA’s strategy and advancing its technology roadmap, and that he expects the company’s operations, customer commitments and product roadmap to continue without interruption. Kress struck a similar note: “NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years. We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers and shareholders.”

NVIDIA did not state a reason for Huang’s departure. The company is still scheduled to report third-quarter fiscal-2027 results on November 17, followed by its regular earnings call.

Why it matters

The move installs new leadership atop one of the world’s most consequential technology companies without a permanent successor yet named, and both the new board chair and the interim CEO used their first public statements to stress continuity for NVIDIA’s operations, customers and product roadmap.