Nvidia appoints Harvey Jones as its first-ever board chair after Jensen Huang resigns as CEO
+1 new source since this summary was written
Nvidia announced that long‑time director Harvey Jones will become the company’s first board chair, effective immediately. Jensen Huang resigned as president, chief executive officer and board member, and chief financial officer Colette Kress was named interim CEO. Jones has served on Nvidia’s board since 1993 and brings decades of experience from Synopsys, Daisy Systems and Tensilica.
Why it matters
The board said it will now search for a permanent CEO, leaving investors without a clear timeline for leadership succession. The change adds governance uncertainty that could affect Nvidia’s strategic direction and stock performance.
Key facts
- 1Harvey Jones was appointed Nvidia’s first-ever board chair. investing.com
- 2Jensen Huang resigned as president, CEO and board member, effective immediately. 247wallst.com
- 3Chief financial officer Colette Kress was named interim CEO. 247wallst.com
- 4Jones has served on Nvidia’s board since 1993. investing.com
- 5Nvidia opened at $151.01 and was at $164.56 by 10:46 AM ET, down 5.3% from the prior close. 247wallst.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.