The NVIDIA CEO transition sees Colette Kress take interim charge as the board begins its search for Huang's successor after his resignation.
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Jensen Huang has resigned as NVIDIA’s president, chief executive and board member, effective immediately, the board said on November 12. The NVIDIA CEO transition puts finance chief Colette Kress in charge on an interim basis while directors search for a permanent successor.
Summary
Key takeaways
- Colette Kress will combine the interim CEO job with her existing finance responsibilities.
- Harvey C. Jones becomes NVIDIA’s first board chair.
- The permanent CEO search includes candidates inside and outside NVIDIA.
- NVIDIA’s fiscal third-quarter results remain scheduled for November 17.
Kress takes charge in the NVIDIA CEO transition
While continuing to hold the role of executive vice president and chief financial officer, Kress will also step in as interim CEO until NVIDIA appoints someone to fill the position permanently. Huang’s resignation covers all three of his positions: president, CEO and director.
Kress joined NVIDIA in September 2013 and has held the executive vice president and CFO posts since then, leading its finance organization. Before NVIDIA, she spent nearly 25 years in finance positions at technology companies, including Cisco and Microsoft.
Before the appointment, DA Davidson analyst Gil Luria had identified Kress as a possible interim chief if Huang stepped aside, describing her as the company’s only other highly visible executive.
The board and NVIDIA thanked Huang for his contributions to the business and the technology industry.
Harvey C. Jones becomes NVIDIA’s first board chair
Harvey C. Jones will serve as the first chair of NVIDIA’s board. His experience spans more than 30 years as an entrepreneur, technology executive and venture investor, including roles as chief executive and executive chairman of Synopsys.
Jones expressed the board’s confidence in Kress and the leadership team, pairing the appointment with an expectation that business commitments would continue uninterrupted.
“The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption,” Jones said.
Permanent CEO search includes internal and external candidates
NVIDIA’s board is beginning a search for a permanent chief executive and will assess candidates both within the company and outside it. Kress’s appointment is an interim arrangement during that process, and the NVIDIA CEO transition continues until a successor is named.
Kress committed to continuing NVIDIA’s work in accelerated computing and AI, with customers, partners, developers and shareholders remaining her stated focus.
“We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead,” Kress said.
On Tuesday, November 17, at around 1:20 p.m. PT, NVIDIA will announce its third-quarter fiscal 2027 results, sticking to the reporting date it had already set. Its earnings call follows at 2 p.m. PT.
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