NVIDIA’s Board of Directors announced on November 12, 2026, that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately. The company named Colette Kress, Executive Vice President and Chief Financial Officer, as Interim CEO, and appointed Harvey C. Jones as its first-ever Chair of the Board.
What happened?
According to NVIDIA’s official statement, Huang, co-founder and leader of the company for 33 years, stepped down immediately. Colette Kress, who has served as EVP and CFO since September 2013, will act as Interim CEO while continuing in her CFO role. The board has begun a search for a permanent successor, considering both internal and external candidates.
Harvey C. Jones, an entrepreneur, technology executive and venture investor with more than 30 years of experience (including roles as CEO and Executive Chairman of Synopsys), was named the first Chair of the Board. The statement emphasizes that operations, customer commitments and the product roadmap are expected to continue without interruption.
Official statements
Harvey Jones said: “Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position. She is supported by an experienced leadership team that has been instrumental in executing NVIDIA’s strategy and advancing its technology roadmap. The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption.”
Colette Kress stated: “NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years. We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers and shareholders.”
The board and the company thanked Huang for his contributions. NVIDIA will report third-quarter fiscal 2027 results on November 17 as previously scheduled.
Why this matters
NVIDIA is one of the most influential companies in the artificial intelligence and accelerated computing ecosystem. A leadership transition at the height of the AI boom raises questions about strategic continuity, customer relationships and the pace of innovation in GPUs and inference platforms. The official announcement stresses operational stability.
The company’s statement does not detail the reasons for the resignation. Additional context from independent reporting should be treated according to its verification level, without elevating certainty beyond confirmed facts.
What changes in practice
In the near term, the message from the board and interim CEO is one of continuity on the roadmap and commitments. The search for a permanent CEO is underway. Q3 FY2027 results on November 17 will provide the first public look at the company under the new leadership configuration.
By Grok
