Today, Nvidia announced that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the company’s Board of Directors, effective immediately. The departure marks a major leadership change for one of the world’s most influential technology companies, although NVIDIA has not publicly disclosed a specific reason for Huang’s resignation.
The announcement follows reports of internal discussions concerning Huang’s future and scrutiny surrounding allegations involving his personal relationships and potential national security implications. These claims have not been established as the reason for his departure, and the company has not confirmed a connection between the allegations and its leadership decision.
Current Executive Vice President and Chief Financial Officer Colette Kress has agreed to serve as Interim CEO while retaining her CFO responsibilities. The Board of Directors has begun searching for a permanent successor and will consider both internal and external candidates. The company has indicated that the transition is not expected to affect its operations, customer commitments, or product roadmap.
Kress joined Nvidia in September 2013 and has spent more than a decade leading its financial organization through significant growth and expansion. Before joining, she spent nearly 25 years in financial leadership positions at major technology companies, including Cisco and Microsoft. Her familiarity with NVIDIA’s business, customers, operations, and financial position was highlighted by the Board as a key factor behind her appointment.
The leadership changes also include the appointment of Harvey C. Jones as the first-ever Chair of the company’s Board of Directors. Jones brings more than 30 years of experience as an entrepreneur, technology executive and venture investor, including previous leadership positions as CEO and Executive Chairman of Synopsys.
Jones expressed confidence in Kress and Nvidia’s existing leadership team, emphasizing that the transition should not disrupt the company’s operations or technology roadmap. He also highlighted the team’s experience executing NVIDIA’s strategy and advancing its products.
“Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position,” said Harvey Jones, Chair of the NVIDIA Board of Directors. “She is supported by an experienced leadership team that has been instrumental in executing NVIDIA’s strategy and advancing its technology roadmap. 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.”
“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,” said Colette Kress, Interim CEO and CFO, NVIDIA. “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.”
The Board of Directors acknowledged Huang’s contributions, describing his impact on the company and the broader technology industry as profound. During his 33 years at the company, Huang helped transform Nvidia from a graphics technology manufacturer into a major force in accelerated computing and artificial intelligence. The company thanked him for his leadership and his role in its development.
Despite the executive transition, Nvidia’s upcoming financial announcement remains on schedule. The company will report its third-quarter fiscal 2027 financial results on Tuesday, November 17, at approximately 1:20 p.m. PT, followed by an earnings call at 2 p.m. PT.
