Jensen Huang officially resigned as Nvidia CEO on Thursday morning, a seismic event in the tech industry.
Nvidia is one of the most valuable companies in the world, with a nearly $4 trillion valuation, and Huang was the company’s original CEO and co-founder. The company’s board of directors shared a CEO transition plan on its website, saying Huang has also resigned as president and as a member of the board, effective immediately.
The company’s CFO, Colette Kress, will serve as interim CEO, while also maintaining her CFO responsibilities. The board has begun searching for a new CEO, looking both inside and outside the company.
The tech industry has been closely watching Nvidia and its stock ever since news first broke by the New York Times that Huang had not one,
