Nvidia Board Approaches Arm CEO as Successor to Jensen Huang

Nvidia's board approached Arm CEO Rene Haas as a potential successor to Jensen Huang, who resigned on Nov. 12.

Haas is one of several candidates being considered for Nvidia's permanent CEO role. The board is weighing both internal and external candidates. Arm is a U.K.-based chip design company owned by SoftBank.

Colette Kress, Nvidia's chief financial officer, is serving as interim CEO until a permanent successor is appointed. Huang resigned as Nvidia's president, CEO and a director on Nov. 12, with his departure effective immediately.

Haas spent about seven years at Nvidia, where he served as vice president and general manager of computing products. He left Nvidia more than a decade ago but has retained ties with Huang and some board members. He joined Arm in 2013, later leading its global sales and marketing operation and its IP Products Group. He has been Arm's CEO and a director since February 2022.

Kress will remain in the interim role while the board selects a formal successor.