Jensen Huang resigns as Nvidia CEO
Jensen Huang has resigned as president and CEO of Nvidia, effective immediately. CFO Colette Kress takes over as interim CEO while the board searches for a permanent successor.
Huang has also left Nvidia’s board of directors, according to a press release from Nvidia. The board has appointed Harvey C. Jones as its first-ever chair. Jones is a former CEO and executive chairman of Synopsys.
Nvidia doesn’t give a reason for the resignation. It comes just days after the board launched an independent investigation following reports that Huang had been the target of a foreign intelligence effort. At the time, the board said it had confidence in Huang. In an email to employees, Huang apologised for having been unfaithful to his wife and said he would cooperate fully with the investigation. The press release announcing his resignation doesn’t mention the investigation or say whether it has been concluded.
Kress, who has been Nvidia’s CFO since September 2013, will keep that role while serving as interim CEO. Before joining Nvidia, she spent nearly 25 years in finance roles at companies including Cisco and Microsoft. The board says it will consider both internal and external candidates for the permanent position.
“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 says in the press release.
Kress credits Huang with building the company over the past 33 years. She says her focus will be on customers, partners, developers and shareholders.
“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 says.
The leadership change comes less than a week before Nvidia reports its results for the third quarter of fiscal 2027.
