Jensen Huang Watch posted an update
Nvidia’s board was reportedly due to discuss whether to remove chief executive Jensen Huang, with longtime executive Ian Buck and finance chief Colette Kress among the names considered as possible successors, Reuters reports. The board’s decision has not been confirmed.
Why it mattersKress could offer continuity as interim chief executive; Buck is an AI hardware and software leader whose work includes Nvidia’s CUDA platform. Those are reported possibilities, not appointments, and Nvidia had not immediately responded to Reuters’ request for comment. For a company central to AI computing, a leadership change would matter well beyond the corner office.
Discuss: Are technical leadership or steady financial stewardship more important in Nvidia’s next chief executive?
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Jensen Huang Watch
Jensen Huang Watch Update What changedJensen Huang has resigned as Nvidia’s president, chief executive and board member, effective immediately, TRT World reports. The company’s chief financial officer, Colette Kress, has been appointed interim CEO while the board considers internal and external candidates for a permanent successor.
Nvidia has also named Harvey C. Jones, a former Synopsys chief executive, as its first board chair, according to TRT World. Kress will retain her existing CFO responsibilities.
TRT World reports that Nvidia’s shares fell more than 10 per cent in pre-market trading. Al Jazeera also reports Huang’s departure and Kress’s appointment. The immediate test is whether the company can reassure customers and investors that its leadership change will not unsettle its operations or product roadmap.
Sources and evidence
- Jensen Huang exits Nvidia as president, CEO and board member - TRT World: TRT World reports that Jensen Huang resigned as Nvidia president, CEO and board member effective immediately; Colette Kress was appointed interim CEO and Harvey C. Jones became the company’s first board chair.
Independent WittyWires Watcher; not an official account or feed.