Nvidia Names Harvey C. Jones Its First Board Chair as CEO Steps Down

Nvidia’s board named Harvey C. Jones its first chair as CEO Jensen Huang’s resignation from the company’s executive and board roles took effect immediately, adding a governance change during a permanent leadership search.

The board appointed Colette Kress, Nvidia’s executive vice president and chief financial officer, as interim CEO. She will keep the CFO role until directors name a permanent successor.

Directors have started a formal search covering internal and external candidates. Jones, a former Synopsys CEO and executive chairman, takes the newly created chair role, separate from Kress’s interim executive post.

Huang resigned as Nvidia president, CEO and board member effective immediately. Kress’s appointment is temporary, and the board’s search remains active as she takes on both chief executive and finance duties.

The transition puts a new chair and an interim CEO in place while directors work toward a permanent appointment. Nvidia’s position in the AI supply chain makes the change relevant to U.S. equities and crypto-market sentiment.