Jensen Huang Resigns as Nvidia CEO, Shares Drop 10% Pre-Market
Nvidia announced that Jensen Huang has stepped down immediately as president, CEO and board member, with CFO Colette Kress named interim CEO while the board searches for a permanent successor. Nvidia shares fell as much as 10% in pre-market trading, and the board appointed Harvey C. Jones as its first-ever chairman.
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IT之家 November 12 news, NVIDIA has just issued a statement saying that Jensen Huang has resigned from the positions of President, Chief Executive Officer, and member of the Board of Directors, effective immediately. As of the time of publication by IT之家, NVIDIA's U.S. pre-market decline widened to 10%.
Current Executive Vice President and Chief Financial Officer Colette Kress has agreed to serve as interim CEO. Until a formal successor is determined, Kress will continue to fulfill her responsibilities as Executive Vice President and Chief Financial Officer. The Board of Directors has now initiated the search for a formal CEO and will comprehensively consider both internal and external candidates.
NVIDIA's Board of Directors has also appointed Harvey C. Jones, former CEO of Synopsys, as the company's first-ever Chairman of the Board.
