Follow-up on Jensen Huang’s resignation: Nvidia leadership sends internal email confirming formal launch of CEO search

Nov. 13 — According to CNBC, Nvidia founder Jensen Huang has officially stepped down as CEO and a member of the board, marking a major leadership change that could usher the AI chip giant into a new phase of development.

As leadership changes, new interim CEO Colette Kress and new board chair Harvey Jones each sent an internal email to all employees on Thursday, outlining the company’s transition plans to steady morale and signal the leadership team’s resolve.

In his email, board chair Jones praised Kress’s leadership, noting that during her more than 13 years as CFO, she has been a key architect of Nvidia’s growth and capital strategy.

Jones also described Kress as central to the company’s growth and capital strategy, and said he was confident she would fulfill the company’s commitments to shareholders, customers, partners, and employees. He also recognized the industry value and lasting contributions Huang had built for Nvidia.

Interim CEO Colette Kress thanked all employees in her email for demonstrating resilience and professionalism during this challenging period, and emphasized that Nvidia continues to play a key role in the AI revolution.

The company is scheduled to hold an all-hands meeting at 9 a.m. Pacific Time on Nov. 18. The leadership team will also share more details about the company’s future plans in due course, and called on all employees to continue working together to advance the business.

Separately, according to outside sources, Nvidia’s candidate search is open to both internal and external applicants, with seasoned executives and outside talent alike under consideration. This means Nvidia is keeping open the option of bringing in an external leader to inject new energy and perspectives into the company.

Do you think the interim leadership team can keep the company on track after Jensen Huang’s departure? Does an external candidate have a chance of becoming Nvidia’s next CEO? Share your thoughts in the comments.

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