Nvidia announced on 12 November that Jensen Huang has resigned as president, chief executive and a board member, effective immediately.

The board accepted the resignation on 11 November, Nvidia said in a filing with the US Securities and Exchange Commission.

The board appointed Colette Kress, Nvidia's executive vice president and chief financial officer, as interim chief executive.

Kress will remain chief financial officer while she serves as interim CEO, until a permanent successor is named.

Kress has been Nvidia's chief financial officer since she joined the company in September 2013.

The board has started a search for a permanent chief executive and will consider internal and external candidates.

Harvey C. Jones, a director since 1993, is now Nvidia's first chair of the board.

Jones has more than 30 years as a technology executive and investor. He previously served as chief executive of Synopsys.

Jones said the board has full confidence in Kress and expects operations, customer commitments and the product roadmap to continue without interruption.

Nvidia will report its third-quarter results on 17 November, as previously scheduled.

Read the full story on Jensen Huang and the Nvidia leadership change on Trends News Stories.

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