NVIDIA has announced a significant leadership change, with Jensen Huang resigning as President and CEO after 33 years, effective immediately. Colette Kress, the company’s Executive Vice President and Chief Financial Officer, has been appointed as Interim CEO while the Board searches for a permanent successor. This transition comes as NVIDIA navigates a period of rapid growth in artificial intelligence and accelerated computing.
The Board has initiated a search for a new CEO, considering both internal and external candidates. Alongside this, Harvey C. Jones has been appointed as NVIDIA’s first-ever Board Chair, marking a new leadership structure following Huang’s departure. Kress will continue her role as CFO while overseeing the company’s operations during this transitional phase.
Kress, who joined NVIDIA in 2013, has been instrumental in the company’s financial management and growth, bringing nearly 25 years of experience from major tech firms like Cisco and Microsoft. Jones, with over three decades in technology leadership, previously served as CEO and Executive Chairman of Synopsys.
Jones expressed confidence in Kress and the existing executive team during this transition.
“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 stated. He emphasized that the leadership team would continue executing the company’s strategy and maintaining customer commitments without interruption.
Kress acknowledged Huang’s significant contributions to NVIDIA and reaffirmed her commitment to sustaining the company’s momentum. “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,” she said. Kress also noted that NVIDIA would remain focused on accelerating innovation in AI and computing.
Huang co-founded NVIDIA in 1993 and was pivotal in transforming it from a graphics processing technology pioneer into a leading AI infrastructure provider. His departure marks a critical juncture for NVIDIA, which has become central to global AI development and enterprise computing transformation. The leadership transition raises important questions about the company’s long-term strategy and succession planning.
NVIDIA’s Board has recognized Huang’s role in shaping the company’s growth and influence across the technology sector. This announcement precedes NVIDIA’s third-quarter fiscal 2027 financial results, scheduled for November 17, 2026, providing stakeholders an opportunity to assess the company’s performance amid this leadership change.
