Jensen Huang Resigns As NVIDIA CEO

NVIDIA has announced that Jensen Huang has resigned as President, Chief Executive Officer and a member of the Board of Directors, effective immediately.

The board has appointed Colette Kress, the company’s Executive Vice President and Chief Financial Officer, as interim CEO. She will retain her finance role while leading the company until a permanent successor is appointed.

NVIDIA said the board has begun searching for a permanent CEO and will consider both internal and external candidates.

Kress joined NVIDIA in September 2013 and has led its finance organisation throughout a period of significant growth. Before joining the company, she spent nearly 25 years in finance roles at major 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. He previously served as Chief Executive Officer and Executive Chairman of Synopsys.

In a statement, Jones expressed confidence in Kress and NVIDIA’s existing leadership team, saying her understanding of the company, its customers, operations and financial position would support continuity.

He added that the board expects NVIDIA’s operations, customer commitments and product roadmap to continue without interruption during the leadership transition.

Kress said she would build on the foundation established by Huang over his 33 years at the company, maintaining its focus on accelerated computing and artificial intelligence.

Huang’s departure marks a significant leadership change at one of the world’s most influential technology companies. NVIDIA has become a central player in the global AI industry through its graphics processing units, accelerated computing platforms and data centre technologies.

The board thanked Huang for his contributions to NVIDIA and the wider technology industry, describing his impact on the company as profound.