BREAKING: Jensen Huang resigns as Nvidia CEO; CFO named interim chief

Nvidia (NASDAQ: NVDA) announced that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board of Directors, effective immediately.

Colette Kress, who has served as Executive Vice President and Chief Financial Officer since September 2013, has been appointed Interim Chief Executive Officer. Kress will retain her CFO title while serving in the interim role. The board said it has begun a search for a permanent CEO and will consider both internal and external candidates.

Before joining Nvidia, Kress held finance roles at Cisco and Microsoft over nearly 25 years.

The board also appointed Harvey C. Jones as its first-ever Chair of the Board. Jones has more than 30 years of experience as an entrepreneur and technology executive, including serving as CEO and Executive Chairman of Synopsys.

“Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position,” Jones said in a statement.

“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.

Nvidia is scheduled to report its third-quarter fiscal 2027 financial results on Tuesday, November 17, followed by an earnings call at 2 p.m. PT, as previously planned. (Street Insider)