Colette Kress will manage both interim chief executive duties and her existing financial responsibilities while the board evaluates internal and external candidates for a permanent successor. Harvey C. Jones, who previously served as CEO and Executive Chairman of Synopsys, brings three decades of tech industry experience to his new position as the firm's first-ever Board Chair. Furthermore, the company affirmed its reporting calendar remains intact, with third-quarter fiscal 2027 financial results scheduled for release on November 17 at approximately 1:20 p.m. PT.
Key points
The board of directors is actively searching for a permanent chief executive by evaluatin…: The board of directors is actively searching for a permanent chief executive by evaluating both internal and external candidates.
Company leadership confirmed that current operations, product roadmaps, and customer comm…: Company leadership confirmed that current operations, product roadmaps, and customer commitments will continue without interruption.
NVIDIA remains on track to report its third-quarter fiscal 2027 financial results as sche…: NVIDIA remains on track to report its third-quarter fiscal 2027 financial results as scheduled on November 17.
Sources checked by our analysis pipeline: 1
- Jensen Huang Resigns
- Colette Kress, Executive Vice President and Chief Financial Officer, Appointed Interim CEO
- Harvey C. Jones Appointed First-Ever Chair of the Board
NVIDIA (NASDAQ: NVDA) Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.
Colette Kress, current Executive Vice President and Chief Financial Officer of NVIDIA, has agreed to serve as Interim Chief Executive Officer. Kress will continue to serve as Executive Vice President and Chief Financial Officer while serving as Interim Chief Executive Officer until a permanent successor has been named. The Board is initiating a search for a permanent Chief Executive Officer and will consider internal and external candidates.
Kress has served as Executive Vice President and Chief Financial Officer of NVIDIA since joining the company in September 2013. During her tenure, she has led the company’s finance organization and has played a key role in NVIDIA’s growth and evolution. Prior to joining NVIDIA, Kress spent nearly 25 years in finance roles at leading technology companies, including Cisco and…
The unexpected leadership vacuum ends a 33-year era of foundational leadership at the semiconductor giant just ahead of crucial quarterly earnings. To maintain stability, the board established a new governance structure while launching a comprehensive search for a permanent successor. Markets reacted swiftly to the sudden uncertainty, erasing substantial equity value despite executive assurances regarding ongoing artificial intelligence initiatives.
Longtime Chief Financial Officer Colette Kress has stepped in as interim leader while the board conducts an executive search for a permanent successor. The vacancy opens up high-stakes leadership deliberations, placing both internal technical talent and outside industry heavyweights under consideration. A final appointment will determine the strategic direction of the chipmaker amid rapid technological transformation.
The technology giant's temporary leadership transition brings a seasoned enterprise executive to the helm with more than a decade of experience inside the company. Her established background includes managing major corporate finances while publicly addressing key geopolitical challenges impacting the semiconductor industry. Her perspective on international trade policy remains a defining element of her broader executive track record.