Jensen Huang resigns as Nvidia CEO, Colette Kress steps in

Nvidia announced the immediate resignation of co-founder Jensen Huang as President and Chief Executive Officer on November 12, 2026, concluding his 33-year tenure. Huang also stepped down from the Board of Directors.

In his place, the company appointed Colette Kress, the Executive Vice President and Chief Financial Officer, as interim CEO. Harvey C. Jones was named the first-ever Chairman of the Board.

This leadership transition is strategically timed ahead of Nvidia's third-quarter fiscal 2027 earnings announcement scheduled for November 17, as the company aims to ensure operational stability and maintain investor confidence. Kress will continue her role as Executive Vice President and Chief Financial Officer while taking on the interim CEO responsibilities.

Jones, with over three decades of experience in technology and investment, expressed confidence in Kress and the existing management team, emphasizing the continuation of Nvidia's technology strategy and customer commitments. He also recognized Huang's significant contributions to the company's growth.