NVIDIA CEO Jensen Huang has resigned from his positions as President and Chief Executive Officer of the company, as well as from its Board of Directors, with immediate effect, the company announced on Thursday. Colette Kress, NVIDIA’s Executive Vice President and Chief Financial Officer, has been appointed interim CEO. She will continue to hold the CFO position until a permanent successor is appointed. The company’s Board of Directors has initiated a search for a permanent CEO and will consider both internal and external candidates. Kress joined NVIDIA in September 2013 and has led its finance division since then. She has played a key role in the company’s growth and expansion. Before joining NVIDIA, she spent nearly 25 years in finance roles at major technology companies, including Cisco and Microsoft. Jensen wrote: I made a mistake; I am ashamed Jensen Huang sent an internal message to all NVIDIA employees on Sunday. In it, he admitted that he had not remained faithful to his wife. Huang wrote, My actions have caused deep pain to my wife and children. I regret it. It was my responsibility to maintain all your trust, but I failed. However, he did not name any woman in the message. Harvey C. Jones appointed first-ever Board Chair NVIDIA has also appointed Harvey C. Jones as the first-ever Chair of its Board of Directors. Jones has more than 30 years of experience as an entrepreneur, technology executive and venture investor. He previously served as CEO and Executive Chairman of Synopsys. Commenting on the leadership transition, Jones said Kress had helped steer NVIDIA through a period of significant growth and had a deep understanding of its business, customers, operations and financial position. He expressed confidence in Kress and the company’s leadership team, adding that NVIDIA’s operations, customer commitments and product roadmap would continue without disruption. Kress said she was committed to building on the foundation established by Huang over the past 33 years. She added that the company would continue focusing on accelerated computing and artificial intelligence while serving its customers, partners, developers and shareholders. NVIDIA thanks Huang for his contributions The company acknowledged Huang’s contribution to its growth, describing his role in shaping NVIDIA and the wider technology industry as significant. The Board of Directors and the company thanked him for his contributions over the past 33 years. NVIDIA is scheduled to announce its third-quarter fiscal 2027 financial results on Tuesday, November 17, at approximately 1:20 pm Pacific Time. The results will be followed by an earnings call at 2 pm Pacific Time. The company said the schedule remains unchanged. Post navigation Gold purchases rose 30% as prices fell 21%:52 tonnes of gold worth ₹72,000 crore sold during Diwali-Dhanteras; silver purchases also rose 10%
