SANTA CLARA, CALIF. — Nvidia Corporation co-founder Jensen Huang has resigned as president, chief executive officer, and member of the board with immediate effect, concluding a 33-year tenure that established the chipmaker as the foundational infrastructure provider of the global artificial intelligence boom.
Following Huang’s departure, Chief Financial Officer Colette Kress has been appointed interim CEO while the board initiates a search for a permanent successor. Kress, who joined Nvidia in 2013 following leadership roles at Cisco and Microsoft, will retain her responsibilities as CFO during her interim tenure. Concurrently, the board appointed longtime director Harvey C. Jones as the company’s first-ever chairman.
The leadership transition follows recent board deliberations regarding personal conduct and external reports concerning Huang, which triggered a 7.7% drop in premarket shares and preceded a broader valuation retraction. Nvidia stated that its daily operations, customer commitments, and product roadmap will proceed without interruption as the company approaches its Q3 fiscal 2027 earnings release on November 17, 2026.
