Jensen Huang Resigns as Nvidia CEO, Colette Kress Named Interim CEO
AI summary
Nvidia announced that co-founder and CEO Jensen Huang resigned as president, CEO and a board member, effective immediately. Executive vice president and CFO Colette Kress is serving as interim CEO while retaining her finance role, and Harvey C. Jones became the company’s first board chair as the search for a permanent successor considers internal and external candidates.
In-depth insight
The abrupt change places a long-serving finance executive over Nvidia and formally begins a succession process for a company central to the AI chip industry.
