NVIDIA CEO Jensen Huang Resigns; Colette Kress Named Interim CEO

NVIDIA Corporation (NASDAQ: NVDA) announced a major leadership transition on November 12, 2026, as Jensen Huang, the company’s co-founder and CEO, resigned effective immediately. Colette Kress, NVIDIA’s Executive Vice President and Chief Financial Officer since 2013, has been appointed Interim CEO. She will retain her CFO responsibilities while the company’s Board of Directors conducts a search for a permanent successor, considering both internal and external candidates.

Colette Kress Takes Interim Leadership

Colette Kress brings over three decades of experience in finance and technology to her new role. Prior to joining NVIDIA, she held senior finance positions at Microsoft, Cisco, and Texas Instruments. Since joining NVIDIA in 2013, Kress has played a pivotal role in the company’s financial strategy and growth, overseeing its transformation into a leader in artificial intelligence (AI) and accelerated computing. Harvey C. Jones, Chair of the NVIDIA Board of Directors, expressed confidence in Kress’s ability to lead, stating, “Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations, and financial position.”

Harvey C. Jones Appointed Chair of the Board

In another significant development, NVIDIA’s Board of Directors appointed Harvey C. Jones as its first-ever Chair of the Board. Jones, a seasoned entrepreneur and technology executive, has over 30 years of experience, including leadership roles at Synopsys. His appointment marks a new governance structure for the company as it navigates this leadership transition.

Jensen Huang’s Legacy

Jensen Huang, who co-founded NVIDIA in 1993, leaves behind a legacy of innovation and growth. Under his leadership, NVIDIA evolved from a graphics card manufacturer to a global leader in AI, gaming, and high-performance computing. The Board acknowledged Huang’s contributions, stating, “NVIDIA is one of the most consequential technology companies in the world. The Board and the company thank Jensen for his immeasurable contributions to the company and the industry.”

Next Steps for NVIDIA

NVIDIA’s leadership transition comes at a critical time as the company continues to expand its influence in AI and computing infrastructure. The company is set to report its third-quarter fiscal 2027 financial results on November 17, 2026, as scheduled. Colette Kress emphasized the company’s commitment to its strategic goals, saying, “We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead.”