Nvidia has announced the resignation of co-founder Jensen Huang from his positions as chairman, chief executive officer (CEO) and member of the company's board of directors, according to a report by Greek newspaper Proto Thema.
Huang's departure marks the end of a historic chapter for the technology giant, which has transformed under his 33-year leadership from a graphics processing unit (GPU) manufacturer into one of the world's most influential technology companies and a leading force in artificial intelligence (AI).
Colette Kress appointed interim CEO
The company's board of directors has announced that Colette Kress, currently Nvidia's executive vice-president and chief financial officer (CFO), will take over as interim CEO.
Kress will retain her responsibilities as CFO while the company undertakes the process of selecting a permanent chief executive.
She joined Nvidia in 2013 and has since overseen its financial operations, playing a significant role in the company's growth and expansion.
Before joining Nvidia, Kress spent almost 25 years in senior financial positions at major technology companies, including Cisco and Microsoft.
Alongside the leadership changes, Nvidia has announced the appointment of Harvey Jones as the company's first-ever chairman of the board.
Jones brings more than 30 years of experience in the technology sector. His previous roles include chief executive and executive chairman of Synopsys.
Nvidia pledges to build on Huang's legacy
In a statement, Kress emphasised the company's commitment to maintaining its growth trajectory and building on the foundations established by Huang during his three decades at the helm.
"Nvidia's strength has always come from its people and, together with our leadership team, I am committed to continuing to build on the extraordinary foundations Jensen has created over the past 33 years," she said.
She added that the company's strategic priorities would remain focused on strengthening its position in accelerated computing and artificial intelligence.
Nvidia's board praised Huang's contribution to the company's development, highlighting his pivotal role in transforming it into one of the world's leading technology businesses.
However, the announcement did not provide any details about the reasons behind his resignation.
The company also confirmed that its financial results for the third quarter of fiscal year 2027 will be published on 17 November, as originally scheduled. A conference call with investors and analysts will follow the announcement.
