Management ChangeJul 2, 2026, 09:31 AM
NVIDIA Appoints Nicholas Parker as New EVP, Worldwide Field Operations
AI Summary
NVIDIA Corporation announced the retirement of Ajay K. Puri, Executive Vice President, Worldwide Field Operations, who will transition to a senior advisory role. Concurrently, the company appointed Nicholas Parker, age 55, as the new Executive Vice President, Worldwide Field Operations, effective August 24, 2026. Mr. Parker brings 26 years of experience from Microsoft, where he most recently served as EVP and Chief Business Officer of Worldwide Sales & Solutions. His compensation package includes a $1,000,000 base salary, a $5,000,000 sign-on bonus, $1,500,000 in target variable compensation, and equity grants totaling $40,000,000.
Key Highlights
- Ajay K. Puri, EVP, Worldwide Field Operations, will retire effective upon successor's employment.
- Mr. Puri, a 21-year NVIDIA executive, will remain in a senior advisory role for transition.
- Nicholas Parker, age 55, appointed EVP, Worldwide Field Operations, effective August 24, 2026.
- Mr. Parker previously served 26 years at Microsoft, most recently as EVP and Chief Business Officer.
- Mr. Parker's annual base salary is $1,000,000 with a $5,000,000 sign-on bonus.
- He will receive target annualized cash variable compensation of $1,500,000.
- New hire equity grants include $35,000,000 in RSUs and $5,000,000 in performance-based RSUs.
Price Impact
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