Nvidia says Jensen Huang resigns as CEO, Colette Kress named interim chief

Chipmaker announces immediate leadership change as board begins search for successor

Last updated:
Justin Varghese, Your Money Editor
Nvidia says Jensen Huang resigns as CEO, Colette Kress named interim chief
Gulf News

Dubai: Nvidia said Jensen Huang has resigned as president, chief executive officer and board member with immediate effect, ending his 33-year leadership of the US chipmaker.

In a statement provided on Thursday, the company said its board had appointed Chief Financial Officer Colette Kress as interim CEO while it searches for a permanent successor.

Kress will continue serving as Nvidia's executive vice president and chief financial officer during the transition. The board said it would consider both internal and external candidates for the top position.

Huang co-founded Nvidia in 1993 and led its transformation into one of the world's leading suppliers of chips used to develop and run artificial intelligence systems.

The statement did not provide a reason for his departure.

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