Jensen Huang Steps Down as NVIDIA CEO
NVIDIA announces that Jensen Huang has stepped down from his roles as president, CEO, and board director, with immediate effect. Colette Kress has been appointed as interim CEO while the board searches for a permanent successor.
NVIDIA announced that Jensen Huang has resigned from his positions as president, CEO, and board member after leading the company for 33 years since its founding in 1993. Following the announcement, the company's stock experienced a significant drop in pre-market trading before recovering slightly.
Executive Vice President and CFO Colette Kress has been named interim CEO while maintaining her current financial responsibilities. Kress has been with NVIDIA for over 13 years and previously held financial leadership roles at Cisco and Microsoft. Additionally, the board appointed Harvey C. Jones as NVIDIA's first-ever board chairman. The company confirmed that its Q3 fiscal 2027 earnings will be released on November 17 as originally scheduled.
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