Colette Kress, chief financial officer of Nasdaq-listed Nvidia, has become interim chief executive after Jensen Huang resigned with immediate effect on Thursday.
Huang has left his roles as president, chief executive and board member, the company’s board said. Kress will keep her finance chief role while she is interim chief executive, until a permanent successor is named.
The board has started a search for a permanent chief executive and will consider internal and external candidates. It has also appointed Harvey C. Jones as the company’s first-ever chair.
“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,” said Jones.
The change takes effect immediately, with no permanent successor named.
“I am committed to building on the extraordinary foundation Jensen created over the last 33 years,” said Kress, who is now interim chief executive and finance chief.
Kress has been executive vice president and chief financial officer since joining Nvidia in September 2013. She has led the finance organisation, and before Nvidia she spent nearly 25 years in finance roles at technology companies, including Cisco and Microsoft.
Jones has been an entrepreneur, technology executive and venture investor for more than 30 years. He has served as chief executive and executive chairman of Synopsys.
Huang founded Nvidia in 1993 and is listed in the company’s own profile as founder and chief executive. The group employs more than 42,000 people in 38 countries and reported record full-year revenue of $215.9bn for its 2026 financial year.
Nvidia will report third-quarter results for its 2027 financial year on Tuesday 17 November at about 1.20pm Pacific time, followed by an earnings call at 2pm Pacific time, as previously scheduled.
