Jensen Huang Immediately Steps Down as NVIDIA CEO; CFO Colette Kress Takes Over as Interim CEO

NVIDIA announced on 2026-11-12T00:00:00.000Z that Jensen Huang has resigned from his roles as president, chief executive officer, and member of the board of directors, effective immediately. The board announced that current Executive Vice President and Chief Financial Officer Colette Kress will serve as interim CEO while continuing as CFO until a permanent successor is determined. The board has initiated a search that includes both internal and external candidates.

Kress joined NVIDIA in September 2013 and was responsible for the finance organization. The announcement said she played a key role during the company's growth and transformation. Before joining NVIDIA, she spent nearly 25 years in finance roles at technology companies including Cisco and Microsoft.

The board also appointed Harvey C. Jones as its first board chair. Jones has more than 30 years of experience in entrepreneurship, technology management, and venture capital, and previously served as CEO and executive chairman of Synopsys. In the announcement, he said that Kress understands the company's business, customers, operations, and financial condition, and that the board is confident that the company's operations, customer commitments, and product roadmap will not be disrupted.

Kress's statement was shorter: NVIDIA's strength comes from its employees, and she will work with the leadership team to continue advancing accelerated computing and AI businesses on the foundation Jensen Huang built over the past 33 years, serving customers, partners, developers, and shareholders.

The announcement did not explain the reason for Huang's resignation or provide a timeline for a permanent CEO. NVIDIA still plans to report its fiscal 2027 third-quarter results on 2026-11-17T00:00:00.000Z, and the conference call time remains unchanged. For developers and customers, the short-term focus is whether the product roadmap and supply commitments will proceed as originally planned; for the market, the next step is to wait for the board to provide a formal succession arrangement.

Source: NVIDIA Newsroom original announcement