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Nvidia Board Approves Jensen Huang's Exit, Names Colette Kress Interim CEO

The board will consider internal and external candidates for a permanent successor and named Harvey C. Jones as its first chair.

An empty boardroom chair sits apart from a long conference table / TokenPost.ai
An empty boardroom chair sits apart from a long conference table / TokenPost.ai

Nvidia's board approved Jensen Huang's immediate departure as president, CEO and director, naming CFO Colette Kress interim chief executive as it begins a search for his successor.

The board's action covers Huang's company presidency, top executive post and membership on the governing board. Each departure takes effect immediately under the approved change.

Kress, Nvidia's executive vice president and chief financial officer, will take the interim CEO role while retaining her current finance post. Her appointment is temporary, pending the selection of a permanent chief executive.

The board will consider candidates from both inside and outside Nvidia as it begins the succession process. A permanent successor has not been named.

Nvidia also appointed Harvey C. Jones as its first board chair. Jones' chair role adds a separate board leadership change to the transition announced alongside Huang's departure and Kress's appointment.

Sonny Jang

Reporter

Sonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.

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