Nvidia said on Thursday that Jensen Huang had resigned as president, chief executive and a member of its board, effective immediately. The company did not give a reason for his departure.

Colette Kress, Nvidia's executive vice-president and chief financial officer, was named interim CEO. She will retain her other positions while the board searches for a permanent successor, considering internal and external candidates, according to a release posted on Nvidia Newsroom.

The board also appointed technology executive and investor Harvey C. Jones as Nvidia's first board chair. The company said it expected operations, customer commitments and its product roadmap to continue without interruption.

Nvidia said it would report its fiscal third-quarter results Nov 17 as scheduled.