Jensen Huang Steps Down as NVIDIA CEO, Colette Kress Named Interim Chief

NVIDIA Corporation announced that Jensen Huang has stepped down from his positions as President, Chief Executive Officer, and board member, effective immediately. Colette Kress, who has served as the company's Executive Vice President and Chief Financial Officer since 2013, has been appointed as interim CEO. Kress will maintain her current financial duties alongside her new leadership responsibilities until a permanent replacement is selected through an internal and external search.

Alongside the executive transition, the board named Harvey C. Jones as its first-ever independent Chair. Jones brings decades of tech executive and venture experience to the role, including a past tenure leading Synopsys. Board leadership expressed full confidence in Kress and the existing executive team, stating they expect ongoing operations, product roadmaps, and customer commitments to proceed without disruption.

The announcement arrived alongside heavy market activity for the semiconductor giant, with trading volumes surging significantly above typical daily averages. NVIDIA confirmed that its scheduled fiscal 2027 third-quarter financial results and subsequent investor earnings call will proceed as planned on November 17.