IBL News | New York
Jensen Huang resigned as NVIDIA CEO, president, and board member today, and the board named Executive Vice President and CFO Colette Kress as interim CEO while it considers candidates, the company announced.
The Board of Directors appointed Harvey C. Jones as its first-ever Chair of the Board. Mr. Jones has been an entrepreneur, technology executive, and active venture investor for over 30 years, including serving as Synopsys’ Chief Executive Officer and Executive Chairman.
Colette Kress [in the picture above], who agreed to serve as Interim Chief Executive Officer, will continue to serve as Executive Vice President and Chief Financial Officer until the Board names a permanent successor. The Board is initiating a search for a permanent Chief Executive Officer and will consider internal and external candidates.
Kress has served as Executive Vice President and Chief Financial Officer of NVIDIA since joining the company in September 2013. During her tenure, she has led the company’s finance organization and has played a key role in NVIDIA’s growth and evolution. Prior to joining NVIDIA, Kress spent nearly 25 years in finance roles at leading technology companies, including Cisco and Microsoft.
“NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years,” said Colette Kress, Interim CEO and CFO of NVIDIA. “We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers, and shareholders.”
“Jensen’s contributions to NVIDIA are profound. NVIDIA is one of the most consequential technology companies in the world. The Board and the company thank Jensen for his immeasurable contributions to the company and the industry,” said the company in a post.
Colette Kress is a billionaire. The Bloomberg Billionaires Index reported that her net worth crossed the $1 billion mark on July 29, 2025. Her wealth comes from her long-term equity compensation, stock holdings, and options in Nvidia, where she has served as Executive Vice President and Chief Financial Officer since 2013.