Business Context and Reporting Period
This Form 8-K Current Report was filed by NVIDIA Corporation on April 24, 2026. The filing addresses Item 5.02 regarding the departure of a senior officer and the appointment of a new Chief Accounting Officer (CAO).
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on executive compensation and personnel changes.
Material Changes
- Departure: Donald Robertson, Vice President and Chief Accounting Officer, notified the company of his intention to retire effective May 4, 2026. He will remain as VP, Finance until July 1, 2026, to support transition projects.
- Appointment: Scott Gawel, age 55, was appointed as Vice President and Chief Accounting Officer, effective May 4, 2026. He joins from Intel Corporation, where he served as Corporate VP and CAO from 2022 to 2026.
Guidance, Outlook, and Compensation Details
The filing contains no forward-looking guidance, management commentary on business outlook, or discussion of risks and contingencies. It details the compensatory arrangements for the new CAO:
- Base Salary: $800,000 annually.
- Equity Grants: Two new hire grants of Restricted Stock Units (RSUs) with a combined target value of $12,875,000.
- Vesting: RSUs vest over approximately four years under standard schedules.
- Benefits: Eligible for standard benefit programs and a standard indemnity agreement.
Investor Verification Checklist
- Verify the effective date of Donald Robertson's retirement (May 4, 2026) and his interim role through July 1, 2026.
- Confirm Scott Gawel's professional background at Intel and Oracle as stated in the filing.
- Review the total value of the new hire equity package ($12.875 million) and its vesting schedule.
- Check for any subsequent filings regarding the transition of accounting responsibilities.