Nvidia's 58-year-old CFO Colette Kress takes over as interim CEO, having served for over 13 years and previously worked at Microsoft for 13 years.

BlockBeats news, November 12 — Nvidia's board of directors announced today that co-founder Jensen Huang has resigned from his roles as president, chief executive officer, and director of the company, effective immediately. Current executive vice president and chief financial officer Colette Kress will take over as interim CEO and will oversee company management while continuing to serve as CFO. The board has initiated a search process for a new CEO and will consider both internal and external candidates.

Kress, 58, joined Nvidia in September 2013 and has been with the company for more than 13 years, serving as one of the core management members who accompanied Nvidia's growth from a graphics chip maker into a global AI chip giant. During her tenure, Nvidia's annual revenue grew from approximately $4.1 billion in fiscal 2013 to $215.9 billion in fiscal 2026.

Before joining Nvidia, Kress spent 3 years at Cisco, worked at Microsoft for 13 years where she served as finance head of the Server and Tools Business, and also worked at Texas Instruments for 8 years. She has long been responsible for Nvidia's financial strategy, capital allocation, performance disclosure, and investor relations, and is an important representative for the company's communication with Wall Street, having also participated in the company's quarterly earnings calls on multiple occasions.