Business · Companies · 7 hrs ago
Nvidia has not chosen a search firm for a permanent CEO
Nvidia's board has not chosen a search firm to find a permanent successor to former CEO Jensen Huang.
Chief financial officer Colette Kress is serving as interim CEO after Huang stepped down.
The company said it will consider both internal and external candidates for the permanent role.
The Financial Times reported that the board had approached Arm CEO Rene Haas, but Nvidia said speculation about individual candidates was premature.
Huang's departure followed reports of multiple affairs and an investigation into allegations that he was targeted by a foreign intelligence effort.
Kress also faces potential investigations over Nvidia's dealings involving China, as lawmakers have requested briefings and testimony.
The board is still selecting a search firm, and has not announced a permanent successor.
Nvidia named finance chief Colette Kress interim CEO after Jensen Huang stepped down.
The company said it will seek a permanent CEO and consider internal and external candidates.
Nvidia’s board said it is selecting a search firm and has not formally approached potential candidates.
Kress faces possible investigations over Nvidia’s dealings involving China and questions about the company’s financial backing of AI firms.
- Who
- Colette Kress, Nvidia’s longtime finance chief, became interim CEO after Jensen Huang stepped down.
- What
- Nvidia named Kress interim CEO and plans to search for a permanent successor.
- When
- Nvidia announced Huang’s departure on November 12, 2026.
- Where
- Nvidia is headquartered in Santa Clara, California.
- Why
- Huang stepped down after reports of multiple affairs, including one involving a woman suspected of working for Chinese intelligence.
This story does not have two clearly opposing sides.
Nvidia said it had retained Wachtell Lipton to investigate allegations that Huang had been targeted by a foreign intelligence effort.
Nvidia announced Huang would step down and named Kress interim CEO.
Kress held her first meeting as interim CEO with senior Nvidia executives at the company’s headquarters.
Nvidia’s board said it was selecting a search firm and had not formally engaged any potential candidates.
- Interim CEO
- Colette Kress
- Former CEO
- Jensen Huang
- Announcement date
- November 12, 2026
- Company headquarters
- Santa Clara, California
- Search firm
- Nvidia’s board said it was in the process of selecting one
13 sources
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What people are saying
We are in the process of selecting a search firm for the Nvidia CEO role
We have not formally engaged any potential candidates.
Nvidia has put itself basically in a position of being a bank, backstopping everything
Jensen was kind of a swashbuckler, willing to make bets of arbitrary size