Jensen Huang has resigned as Nvidia's president, chief executive and a member of its board, effective immediately. Chief financial officer Colette Kress is taking over as interim CEO at the company behind GeForce graphics cards.
In its November 12 announcement, Nvidia said it expects its product plans to remain on course through the leadership change. Newly appointed board chair Harvey C. Jones said: "The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption." The statement did not announce any GeForce release-date or pricing changes.
Huang's departure ends 33 years leading the business he co-founded in 1993. During that time Nvidia grew from its PC graphics roots into a supplier of chips used for AI and accelerated computing, alongside its gaming business.
The resignation follows public scrutiny of Huang's personal conduct. The Guardian reports that he admitted being unfaithful to his wife on November 8, and that Nvidia's board hired law firm Wachtell, Lipton, Rosen & Katz to carry out an independent investigation into a relationship. Nvidia's resignation announcement did not give a reason for his departure.
Kress will keep her CFO role during the CEO search
Kress will remain executive vice president and CFO while serving as interim chief executive. The board is starting a search that will consider both internal and external candidates, with no date given for a permanent appointment.
She joined Nvidia as CFO in September 2013, following finance roles at Cisco and Microsoft. Jones, whose career includes serving as CEO and executive chairman of Synopsys, becomes Nvidia's first-ever board chair.
Nvidia still plans to report its third-quarter fiscal 2027 results on November 17, followed by its earnings call, as previously scheduled.