Jensen Huang resigns as Nvidia CEO
In an announcement on 12 November 2026, the company said its executive vice-president and chief financial officer, Colette Kress, had agreed to take over as interim CEO while the board searches for a permanent successor. Both internal and external candidates will be considered.
Kress will retain her position as CFO while serving as interim CEO.
The board also appointed Harvey C. Jones, a director at Nvidia since 1993, as its first-ever chair.
Jones said Kress had helped lead Nvidia through a period of significant growth and had a deep understanding of its business, customers, operations and financial position.
The board expressed confidence in Kress and the existing leadership team, saying it expected the company's operations, customer commitments and product roadmap to continue without interruption.
Kress said she was committed to building on the foundation established by Huang over the past 33 years and continuing to advance Nvidia's position in accelerated computing and artificial intelligence.
The company also confirmed that its third-quarter fiscal 2027 financial results would be released on 17 November, as previously scheduled.
Leadership change follows investigation
Huang's departure follows a turbulent week for Nvidia, during which its board announced an independent investigation after reports that the CEO had been the target of a foreign intelligence effort.
The investigation followed allegations involving Huang's relationship with a woman suspected of links to Chinese intelligence. Huang separately acknowledged being unfaithful to his wife in a message published by Nvidia, apologising to his family and expressing support for the investigation.
In its initial statement, the board said it had no reason to believe that US national security or Nvidia's trade secrets had been compromised.
The board's announcement of Huang's resignation did not provide a reason for his departure or explicitly link it to the investigation.
