Abstract:
Nvidia’s board of directors announced today that Jensen Huang has resigned as president, chief executive officer and director, with immediate effect. Colette Kress, the company's current executive vice president and chief financial officer, will serve as interim CEO. Kress will serve as executive vice president, chief financial officer and interim CEO until a formal successor is determined. The board of directors has launched the selection process for a permanent chief executive officer, and both internal and external candidates will be considered.
Kress has served as executive vice president and chief financial officer since joining NVIDIA in September 2013. During her tenure, she oversaw the financial system and played a key role in NVIDIA's growth and development. Before joining NVIDIA, she had nearly 25 years of experience in financial positions at leading technology companies such as Cisco (100.63, -0.13, -0.13%) and Microsoft.
Colette Kress
The board of directors appointed Harvey C. Jones as the first chairman of the board of directors in NVIDIA's history. Jones has more than 30 years of experience as an entrepreneur, technology executive and venture capital investor. He served as CEO and executive chairman of Synopsys.
Harvey C. Jones
NVIDIA Chairman Harvey Jones said: "Colette has accompanied NVIDIA through a period of rapid growth, and she has a deep understanding of our business, customers, operations and financial conditions. She will be supported by an experienced management team, which has been the core force in implementing NVIDIA's strategy and advancing the technology roadmap. The board of directors fully trusts Colette and the management team, and we expect that the company's operations, commitment to customers and product roadmap will continue smoothly without interruption."
Nvidia interim CEO and CFO Colette Kress said: "NVIDIA's foundation has always been people. Together with the management team, I will continue to move forward on the solid foundation laid by Jen-Hsun Huang over the past 33 years. We will continue to advance various tasks to consolidate NVIDIA's leading position in accelerated computing and AI and seize future opportunities. Our focus remains on serving customers, partners, developers and shareholders."
Huang Renxun has made extremely profound contributions to NVIDIA, which is already one of the most influential technology companies in the world. The board of directors and the company would like to thank Jen-Hsun Huang for his immeasurable contributions to the company and industry.
Nvidia will release its third quarter financial report for fiscal year 2027 at approximately 1:20 pm on Tuesday, November 17th, Pacific time, as originally planned, and will subsequently hold an earnings call at 2:00 pm (that is, the early morning of November 18th, Beijing time).
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