Jensen Huang Steps Down as Nvidia CEO After Three Decades

Nvidia has announced a historic leadership transition following the resignation of president and CEO Jensen Huang after 33 years at the helm. Huang has also stepped down from the company's board of directors with immediate effect. To ensure stability, the chipmaker has appointed executive vice president and chief financial officer Colette Kress as interim chief executive while a formal search committee evaluates both internal and external candidates for a permanent successor.

Kress brings extensive financial and operational expertise to the interim post, having managed Nvidia's financial division for over 13 years following prior leadership tenures at Microsoft and Cisco. Alongside this transition, the board named Harvey C. Jones as the company's inaugural independent chair of the board. Jones boasts extensive industry experience, including previous leadership roles at Synopsys.

Company representatives have assured stakeholders that ongoing business operations, client commitments, and hardware product launch schedules will proceed without interruption. Kress emphasized that the enterprise remains fully committed to its core strategy spanning accelerated computing and artificial intelligence development. Meanwhile, the board's independent review follows recent media scrutiny regarding executive conduct, though the firm maintains that upcoming third-quarter fiscal 2027 financial results will be reported on schedule on November 17.