Nvidia lauds Jensen Huang’s ‘profound’ contributions; says search for permanent CEO underway

The company statement said that Nvidia's current executive vice president Colette Kress would serve as interim CEO. Nvidia has thanked Jensen Huang for his “profound” contributions to the company following his resignation as the chief executive officer on Thursday, assuring that its operations, customer commitments and product roadmap will continue without interruption.FILE PHOTO: Nvidia CEO Jensen Huang speaks at Dreamforce 2026 summit in San Francisco, California, US, September 15, 2026. REUTERS/Carlos Barria/File Photo (REUTERS)In its statement announcing the leadership transition, Nvidia said Jensen Huang had resigned as CEO, adding that the company's executive vice president and and chief financial officer, Colette Kress, has agreed to serve as interim CEO. Nvidia said it had initiated the search for a permanent CEO and will consider both internal and external candidates for the position.“Board of directors announced today that Jensen Huang has resigned as president, chief executive officer, and a member of the board, effective immediately. Colette Kress, current executive vice president and chief financial officer of Nvidia, has agreed to serve as interim chief executive officer,” the statement said.Huang's resignation came after reports of his alleged extramarital affairs, including one involving a woman suspected of being a Chinese spy. In a memo to Nvidia employees on Sunday, acknowledged being unfaithful to his wife and “took full responsibility.”“Jensen's contributions to NVIDIA are profound. NVIDIA is one of the most consequential technology companies in the world. The board and the company thank Jensen for his immeasurable contributions to the company and the industry,” the company said in the statement.Deep DiveFollow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More