Nvidia CEO Jensen Huang resigns; CFO Colette Kress named interim CEO
Nvidia's board accepted Huang's resignation one day before the announcement; director Harvey Jones becomes the company's first board chairman.
Nvidia announced on November 12, 2026 that CEO Jensen Huang has resigned, disclosing the move to the US Securities and Exchange Commission through a press release. The company's board accepted the resignation one day before the announcement, according to techm.kr.
Huang stepped down immediately from his roles as president, CEO and board director. CFO Colette Kress was named interim CEO and will keep her position as chief financial officer while the board reviews internal and external candidates for a permanent chief executive.
The board also appointed director Harvey Jones as board chairman — the first chairman in Nvidia's history. Jones said the board fully trusts Kress and management and expects company operations, customer commitments and product development plans to continue without disruption.
The announcement did not state a specific reason for the resignation. Nvidia shares fell to around $148 in New York premarket trading after the news, then traded around $160 once the regular session opened.
Long tenure ends
Huang co-founded Nvidia in 1993 and led the company for 33 years until his resignation. Kress joined Nvidia in September 2013 and has served as CFO since then, while Jones has been a director since 1993 and previously served as CEO and board chairman of Synopsys. On November 8, 2026, the board launched an independent investigation following reports that Huang had been targeted by a foreign intelligence agency.
Quick answers
Who is Nvidia's interim CEO?
CFO Colette Kress was named interim CEO and retains her CFO role while the board searches for a permanent chief executive.
Who is Nvidia's board chairman?
Director Harvey Jones was appointed board chairman, the first chairman in Nvidia's history.
Why did Jensen Huang resign?
The resignation announcement did not state a specific reason.