Jensen Huang Steps Down as Nvidia CEO After 33 Years; CFO Colette Kress Named Interim Chief

Jensen Huang resigns as Nvidia CEO, Digi Mart USA News: Jensen Huang has resigned as president and chief executive of Nvidia after leading the chipmaker for 33 years, and he has also left the company’s board with immediate effect. The company announced the leadership change on November 12, according to a report from Notebookcheck.

Nvidia has appointed Chief Financial Officer Colette Kress as interim chief executive while the board searches for a permanent successor. Kress will continue as executive vice president and CFO in addition to her interim role.

The board said it will consider both internal and external candidates for the permanent position.

Kress joined Nvidia in September 2013 and has led its finance organisation for more than 13 years. Before joining Nvidia, she spent nearly 25 years in financial roles at major technology companies, including Cisco and Microsoft.

The board also named Harvey C. Jones as the company’s first-ever chair.

Jones has more than 30 years of experience in entrepreneurship, technology-company management and venture investing, and previously served as chief executive and executive chairman of Synopsys. Nvidia said it expects business operations, customer commitments and product-release plans to continue without disruption.

Huang co-founded Nvidia in 1993. The board thanked him for his contribution to the company and the wider technology industry. The reported departure follows earlier reports about Huang’s personal relationships.

Earlier this month, Huang acknowledged an extramarital relationship with Alice Huang, a former executive at Singapore-based data-center company Megaspeed. US intelligence officials reportedly suspect Alice Huang of links to China’s Ministry of State Security, and Nvidia’s board launched an independent investigation into whether Huang had been targeted by a foreign intelligence effort.

Separately, The New York Times reported on November 11, citing former employees, that Huang had an alleged relationship with Kimberly Powell, Nvidia’s vice president of healthcare. The company has not publicly identified these controversies as the reason for his departure.

Nvidia is still scheduled to report its third-quarter fiscal 2027 financial results on November 17, as previously planned.