Burlington vs NVIDIA: Founders, CEOs and History
Burlington was founded in 1972 by Monroe Milstein and is led by Michael O'Sullivan. NVIDIA was founded in 1993 by Jensen Huang, Chris Malachowsky, Curtis Priem and is led by Jensen Huang.
Company facts
Burlington
- Founded
- 1972
- Headquarters
- Burlington, New Jersey
- Current CEO
- Michael O'Sullivan
- Employees
- 83,309
NVIDIA
- Founded
- 1993
- Headquarters
- Santa Clara, California, United States
- Current CEO
- Jensen Huang
- Employees
- 42,000
Founders
Burlington
Monroe Milstein
Monroe G. Milstein grew up in his family's wholesale outerwear business in New York.
NVIDIA
Jensen Huang
Nvidia possesses a gritty, prescient founding story, rooted entirely in a specific, technical conversation at a well-known American diner, and driven by a CEO who possessed an unshakable conviction in an unproven computational theory.
Chris Malachowsky
Chris Malachowsky co-founded NVIDIA in 1993 and became a central figure in the company's technical foundation.
Curtis Priem
Curtis Priem co-founded NVIDIA in 1993 and served as one of the company's original architects.
CEOs and their tenures
Burlington
- Monroe Milstein1972–2006
Founder and Chief Executive Officer
Milstein opened the first Burlington Coat Factory in Burlington, New Jersey, in 1972, broadened it from discount coats into year-round family apparel, shoes, baby and home goods, and took it public in 1983.
Source - Mark Nesci2006–2008
Chief Executive Officer
A 37-year Burlington veteran, Nesci became CEO in 2006 after Bain Capital took the company private for about $2.06 billion. He retired in December 2008, remaining an equity investor and senior adviser to the board.
Source - Tom Kingsbury2008–2019
President and Chief Executive Officer
A former Kohl's senior executive, Kingsbury was hired by Bain Capital in December 2008 to revamp buying, inventory management and the supply chain.
Source - Michael O'Sullivan2019–present
Chief Executive Officer
O'Sullivan joined from Ross Stores, where he spent 16 years and finished as president and COO, and became CEO around September 16, 2019.
Source
NVIDIA
- Jensen Huang1993–present
CEO
Huang has been CEO for more than 33 years, which makes him one of the longest-serving founder-CEOs in the industry. Under him NVIDIA bet early on CUDA and deep learning, bought Mellanox for networking, and moved to a yearly architecture cadence.
Source - Chris Malachowsky1993–2024
Co-Founder
Chris Malachowsky co-founded Nvidia in 1993. As Senior Vice President of Engineering and Operations, he played a critical role in developing the early graphics processing architecture and establishing Nvidia's robust engineering supply chain.
Source - Colette Kress2013–present
Executive Vice President and Chief Financial Officer
She has been CFO through NVIDIA's growth from about $4B of annual revenue to $215.9B in FY2026, and she leads its quarterly earnings communication with investors.
Source
Timeline: Burlington and NVIDIA side by side
1972Burlington
Burlington Coat Factory opens
Monroe Milstein bought a coat outlet in a former factory building in Burlington, New Jersey, and sold brand-name coats at discount prices, the start of Burlington Coat Factory.
1983Burlington
First public offering
Burlington Coat Factory Warehouse Corporation went public for the first time, funding expansion from a regional discounter into a national chain with year-round apparel, shoes, baby and home departments.
1989Burlington
Cohoes Specialty Stores acquired
Burlington bought the Cohoes Specialty Stores off-price chain from upstate New York, including a 50 percent stake in the Cohoes Commons building; a few stores still traded as Cohoes Fashions decades later.
1993NVIDIA
Founding in Santa Clara
Jensen Huang, Chris Malachowsky, and Curtis Priem founded NVIDIA on April 5, 1993, with a focus on 3D graphics for gaming and multimedia. The founding set the company on a parallel-processing path long before AI infrastructure became the main market.
1999NVIDIA
GPU Category Defined
NVIDIA introduced the graphics processing unit concept in 1999. The milestone mattered because it framed graphics hardware as a specialized processor, a technical idea that later carried into accelerated computing and AI workloads.
2006Burlington
Bain Capital takes Burlington private
Bain Capital acquired Burlington Coat Factory for about $2.06 billion, ending 34 years of Milstein family control. Long-time executive Mark Nesci became chief executive.
2006NVIDIA
CUDA Opens GPUs to General Computing
CUDA opened GPU parallel processing to scientists, researchers, and developers outside graphics. It became the software foundation that made NVIDIA hardware useful for machine learning, simulation, and other compute-heavy workloads.
2008Burlington
Tom Kingsbury named CEO
Former Kohl's executive Thomas Kingsbury became president and CEO in December 2008, succeeding Mark Nesci, and began overhauling buying, inventory management and the supply chain.
2012NVIDIA
AlexNet Shows GPU Value for Deep Learning
The AlexNet breakthrough used NVIDIA GPUs to win the ImageNet competition. The event helped convince researchers and engineers that GPUs could accelerate neural-network training at a scale CPUs could not match.
2013Burlington
Return to the stock market
Burlington Stores priced its IPO on October 2, 2013, selling 13.3 million shares at $17 each for about $226 million, and listed under the ticker BURL.
2016NVIDIA
DGX-1 AI Supercomputer
Nvidia introduced the DGX-1 deep-learning supercomputer in 2016, its first system built specifically for artificial intelligence.
2018NVIDIA
RTX Brings Real-Time Ray Tracing to Graphics
NVIDIA RTX brought real-time ray tracing into the company's graphics roadmap. The product line kept gaming and professional visualization tied to AI-enhanced rendering while Data Center was becoming more important.
2019Burlington
Michael O'Sullivan becomes CEO
Former Ross Stores president and COO Michael O'Sullivan succeeded Tom Kingsbury as CEO around September 16, 2019, and later launched the Burlington 2.0 plan of leaner inventories and smaller stores.
2020Burlington
Online sales end and stores close for the pandemic
On March 5, 2020, Burlington said it would shut its e-commerce business. Days later pandemic lockdowns closed its stores, and fiscal 2020 revenue fell to $5.76 billion with a $216.5 million net loss.
2020NVIDIA
Mellanox Acquisition Adds Networking
NVIDIA completed the Mellanox acquisition for about $7 billion. The deal mattered because large AI and high-performance-computing clusters depend on fast networking between accelerators, not only on individual GPU speed.
2022NVIDIA
Arm Acquisition Terminated
NVIDIA and SoftBank terminated the proposed Arm acquisition because of significant regulatory challenges. The failed deal showed how closely governments watch control points in semiconductor architecture.
2022NVIDIA
Hopper H100 Announced
Nvidia announced the Hopper-architecture H100 data-center GPU in March 2022.
2023Burlington
Bed Bath & Beyond leases
Burlington won 44 Bed Bath & Beyond leases for $12 million at the June 2023 bankruptcy auction, the largest share of the 109 sold, and later reported 62 former Bed Bath & Beyond leases in total.
2023NVIDIA
Grace CPU Enters Data Center Roadmap
NVIDIA introduced its first data-center CPU, Grace, for large-scale AI and high-performance computing. The milestone expanded the platform from GPUs and networking into CPU-GPU system design.
2024NVIDIA
Blackwell Architecture Launched
NVIDIA launched Blackwell as a data-center-scale architecture combining GPUs, CPUs, DPUs, interconnects, switch chips, systems, and networking adapters. The architecture became central to FY2026 Data Center demand.
2025Burlington
Joann leases
After Joann's second bankruptcy, Burlington agreed in April 2025 to take over 45 Joann store leases, many of which became part of its fiscal 2026 opening program.
2026Burlington
Record fiscal 2025 results
Burlington reported fiscal 2025 total revenue of $11.57 billion and net income of $610.2 million, and ended the year on January 31, 2026, with 1,212 stores.
2026Burlington
Tariff refunds put into prices
In the second quarter of fiscal 2026, sales rose 11 percent to $2.998 billion. Burlington received $55 million in tariff refunds and said it would reinvest them in lower prices; the store count reached 1,287.
2026Burlington
Headquarters move to Philadelphia announced
On September 3, 2026, Burlington said it will invest $370 million to move its headquarters from Burlington Township, New Jersey, to Schuylkill Yards in Philadelphia, in phases from late 2028 or early 2029.
2026NVIDIA
$215.9B FY2026 Revenue
NVIDIA reported $215.9 billion of FY2026 revenue, $193.7 billion of Data Center revenue, and $120.1 billion of net income. The result showed how far AI infrastructure had moved the company beyond its original PC graphics market.
Acquisitions
Burlington
- Joann store leases2025Undisclosed
- Bed Bath & Beyond store leases2023$12M
- Burlington Coat Factory (taken private by Bain Capital)2006$2.1B
- Cohoes Specialty Stores (Cohoes Fashions)1989Undisclosed
NVIDIA
- Groq (technology license and team)2025Undisclosed
- Run:ai2024$700M
- Excelero2022Undisclosed
- Mellanox Technologies2020$6.9B
- Cumulus Networks2020Undisclosed
- Icera2011$367M
Questions about Burlington vs NVIDIA
Who is the CEO of Burlington Stores, Inc. and NVIDIA Corporation?
Burlington Stores, Inc. is led by Michael O'Sullivan and NVIDIA Corporation is led by Jensen Huang. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Burlington Stores, Inc. founded vs NVIDIA Corporation?
Burlington Stores, Inc. was founded in 1972 — 21 years before NVIDIA Corporation, which was founded in 1993. Burlington Stores, Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger NVIDIA Corporation.
How many employees does Burlington Stores, Inc. have compared to NVIDIA Corporation?
Burlington Stores, Inc. employs approximately 83,309 people, while NVIDIA Corporation employs approximately 42,000. Burlington Stores, Inc. has the larger workforce at 83,309 employees, compared to NVIDIA Corporation's 42,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Burlington Stores, Inc. and NVIDIA Corporation headquartered?
Both Burlington Stores, Inc. and NVIDIA Corporation are headquartered in United States, meaning they operate under the same primary regulatory and tax environment.
Who founded Burlington Stores, Inc. and NVIDIA Corporation?
Burlington Stores, Inc. was founded by Monroe Milstein. NVIDIA Corporation was founded by Jensen Huang, Chris Malachowsky, Curtis Priem.
Which company has a longer operating history — Burlington Stores, Inc. or NVIDIA Corporation?
Burlington Stores, Inc. has been operating for approximately 54 years, making it the more established of the two companies. NVIDIA Corporation has been in operation for around 33 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Burlington vs NVIDIA overview