Nvidia CEO Resignation: Kress Named Interim CEO
Nvidia CEO resignation on Nov. 12, 2026 names Colette Kress interim CEO and Harvey C. Jones board chair, raising volatility ahead of Nov. 17 earnings.
KEY TAKEAWAYS
- Jensen Huang resigned effective Nov. 12, 2026 as president, chief executive officer and director.
- Colette Kress was named interim CEO and will retain her CFO role during the board's search.
- Harvey C. Jones was appointed the board's first chair to oversee the CEO search and ensure continuity.
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Nvidia CEO resignation took effect on Nov. 12, 2026, when Jensen Huang stepped down immediately as president, chief executive officer and director. The company named Chief Financial Officer Colette Kress interim CEO and the board began a search for a permanent successor, according to a company press release.
Leadership Transition and Board Changes
Colette Kress, Nvidia’s executive vice president and CFO, will keep her finance role while serving as interim CEO. The board said it would consider both internal and external candidates in its search for a permanent replacement but did not disclose a timetable or whether Kress is a candidate. Retaining Kress in both roles aims to maintain continuity in financial oversight and capital allocation during the leadership transition.
The board also appointed Harvey C. Jones as Nvidia’s first-ever chair, a new governance position created to oversee the CEO search and transition. Jones said the company expects operations, customer commitments and the product roadmap to continue without interruption, emphasizing stability amid the change.
The company’s announcement did not explain Huang’s departure. Secondary reports have linked the resignation to scrutiny over reported personal relationships and an investigation into whether Huang was targeted by a foreign-intelligence operation. These allegations were not confirmed in the company’s release. The board met on Nov. 11 to discuss Huang’s future. Huang’s tenure at Nvidia spanned roughly 33 years, dating to the company’s founding.
Nvidia is scheduled to report fiscal third-quarter 2027 results on Nov. 17, 2026, a near-term milestone that will occur under interim leadership while the board conducts its CEO search.
