Jensen Huang quits as Nvidia CEO; finance chief Colette Kress takes interim charge

Jensen Huang has quit as chief executive of Nvidia, ending 33 years at the head of the chipmaker he co-founded in 1993. The board announced on Thursday, 12 November, that he had also given up his posts as president and director, with immediate effect.

Colette Kress, 59, chief financial officer since September 2013, will run the company as interim chief executive and keep her finance job. The board will look inside and outside Nvidia for a permanent successor. Before joining, she spent almost 25 years in finance at technology companies, among them Cisco and Microsoft.

The board also named its first-ever chair, Harvey C. Jones, 73, a director since 1993 and a former Synopsys chief executive. A filing with the US Securities and Exchange Commission shows the board accepted Huang’s resignation on Wednesday, 11 November, a day before the announcement.

No reason given

Jones said the board expected the business, its customer commitments and its product plans to carry on without a break. Kress said she would build on the base Huang had laid. Neither the announcement nor the filing gave a reason for his exit.

The India link and the next date

Nvidia had about 42,000 staff across 38 countries at the end of its 2026 financial year, its annual report shows. Outside the US, its offices, research centres and data centre sites are mainly in China, India, Israel and Taiwan. Revenue that year rose 65% to $215.9 billion.

Results for the third quarter of the 2027 financial year remain due on Tuesday, 17 November, at about 1.20 pm Pacific time, or 2.50 am IST on Wednesday, 18 November. The earnings call follows at 3.30 am IST.