NVIDIA Announces CEO Transition: Jensen Huang Resigns as Colette Kress Takes Over as Interim CEO
NVIDIA has announced a major leadership change that could mark a significant turning point for one of the world's most influential technology companies. The company confirmed on November 12, 2026, that co-founder and longtime CEO Jensen Huang has resigned from his positions as president, chief executive officer, and member of the board, effective immediately.
Following Huang's departure, NVIDIA's current Executive Vice President and Chief Financial Officer, Colette Kress, has been appointed interim CEO. The company's board of directors has also begun searching for a permanent successor.
The announcement has drawn attention across the global technology industry because NVIDIA plays a central role in the development of artificial intelligence, advanced computing, and graphics processing technology.
Jensen Huang Steps Down From NVIDIA Leadership
Jensen Huang co-founded NVIDIA in 1993 and spent more than three decades leading the company through major changes in the semiconductor industry.
Under his leadership, NVIDIA evolved from a graphics processing company primarily known for gaming technology into a major supplier of processors and computing platforms used in artificial intelligence, data centers, and advanced computing systems.
His departure represents a major leadership transition for the company.
NVIDIA's announcement confirmed that Huang's resignation covers three positions: president, CEO, and board member. The company has not announced a permanent replacement.
Colette Kress Appointed Interim CEO
Colette Kress will temporarily lead NVIDIA while the board searches for a permanent chief executive.
Kress joined NVIDIA in September 2013 and has served as the company's Executive Vice President and Chief Financial Officer. Throughout her tenure, she has overseen the company's financial organization and contributed to its business growth.
Before joining NVIDIA, Kress spent nearly 25 years working in financial leadership roles at major technology companies, including Cisco and Microsoft.
She will continue serving as CFO while taking on the interim CEO responsibilities.
Her appointment provides NVIDIA with an experienced internal executive during an important period of organizational change.
Harvey C. Jones Becomes NVIDIA's First Board Chair
Alongside the CEO transition, NVIDIA announced another important leadership appointment.
Harvey C. Jones has been appointed the first-ever Chair of NVIDIA's Board of Directors.
Jones brings more than 30 years of experience as an entrepreneur, technology executive, and venture investor. He previously served as CEO and Executive Chairman of Synopsys.
His appointment adds a new leadership role at the board level as the company begins its search for a permanent chief executive.
What Happens Next for NVIDIA?
NVIDIA's board has confirmed that it will consider both internal and external candidates when selecting the company's next permanent CEO.
Until that appointment is made, Kress will oversee the company's executive leadership while continuing her financial responsibilities.
Several important areas will remain in focus during the transition:
Artificial Intelligence: NVIDIA's position in the rapidly expanding AI computing market.
Data Centers: Continued demand for advanced processors and computing infrastructure.
Product Development: Maintaining existing technology plans and business commitments.
Investor Confidence: Providing clarity about the company's long-term leadership strategy.
The transition comes at a particularly important time for the semiconductor industry, as businesses worldwide continue investing in artificial intelligence infrastructure.
Will NVIDIA's Business Strategy Change?
A CEO transition does not automatically mean that a company's strategy will change.
NVIDIA has established a substantial business ecosystem involving AI processors, software platforms, data-center technology, gaming graphics, and partnerships with major technology companies.
Maintaining continuity across these areas will be an important responsibility for the interim leadership team.
Investors, technology companies, developers, and industry observers will likely pay close attention to future announcements from NVIDIA regarding its leadership structure and strategic priorities.
The company's next quarterly financial results are scheduled for November 17, 2026.
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