NVIDIA Announces CEO Transition

NVIDIA's board announced that Jensen Huang has resigned as President, Chief Executive Officer and a member of the Board, effective immediately. Colette Kress, the company's Executive Vice President and Chief Financial Officer, has agreed to serve as Interim Chief Executive Officer while continuing in her CFO role until a permanent successor is named. The board has begun a search that will weigh both internal and external candidates.

Kress joined NVIDIA in September 2013 and has led its finance organization through what the company describes as a period of extraordinary growth, holding a deep view of its business, customers, operations and financial position. Before NVIDIA she spent nearly 25 years in finance roles at major technology companies, including Cisco and Microsoft. She framed her appointment as continuity rather than a break, crediting the foundation Huang built over 33 years and vowing to keep advancing the work behind NVIDIA's leadership in accelerated computing and AI.

In a separate move, the board appointed Harvey C. Jones as NVIDIA's first-ever Chair of the Board, a role that did not previously exist. Jones has spent more than 30 years as an entrepreneur, technology executive and venture investor, and served as Chief Executive Officer and Executive Chairman of Synopsys. In announcing the transition, Jones emphasized that an experienced leadership team has been instrumental in executing NVIDIA's strategy and advancing its technology roadmap, and he said the board expects operations, customer commitments and the product roadmap to continue without interruption.

The company also confirmed that its third-quarter fiscal 2027 financial results will be released on Tuesday, November 17, at approximately 1:20 p.m. PT, as previously scheduled, followed by an earnings call at 2 p.m. PT. The board and company thanked Huang for what they called immeasurable contributions to the company and the industry, calling NVIDIA one of the most consequential technology companies in the world.

Open questions surround the pace and outcome of the permanent CEO search, whether an internal candidate such as Kress or another executive emerges, and how the newly created chair role reshapes board oversight. The November 17 earnings call will be the first public forum for the interim leadership to address strategy, customer commitments and the roadmap under new stewardship.