NVIDIA’s board has launched a formal search for a CEO, with Apple Chief Hardware Officer Johnny Srouji named as a potential external candidate. Current CFO Colette Kress has stepped in as interim CEO. The board is split: some directors back promoting an internal candidate to the permanent role, while others favor an outside search. Srouji is a key driving force behind Apple’s custom Apple Silicon chip strategy. He joined Apple in 2008 after earlier roles at Intel and IBM. Now 61, he was promoted to Chief Hardware Officer in April this year and oversees the entire hardware R&D organization. In 2025, speculation about his departure circulated.
