Nvidia has announced Jensen Huang’s immediate resignation as president, chief executive officer and a member of its board, handing interim leadership to chief financial officer Colette Kress.
In a statement dated November 12, the company said Kress would retain her responsibilities as executive vice president and CFO while serving as interim CEO until a permanent successor is appointed. The board will consider both internal and external candidates for the job.
The announcement did not state a reason for Huang’s resignation.
What changes at Nvidia
The transition separates the immediate leadership decision from the longer search for a permanent chief executive. Kress takes charge now, but Nvidia has not named Huang’s permanent replacement or given a timetable for doing so.
The board also appointed Harvey C. Jones as its first-ever chair. Jones previously served as chief executive and executive chairman of chip-design software company Synopsys.
Who is Colette Kress?
Kress joined Nvidia in September 2013 as executive vice president and CFO. Before that, she spent nearly 25 years in finance roles at technology companies including Cisco and Microsoft, according to Nvidia.
Jones said the board expected Nvidia’s operations, customer commitments and product roadmap to continue without interruption. That is the company’s stated expectation, rather than an independently verified outcome of the transition.
Kress said her focus would remain on customers, partners, developers and shareholders.
What comes next
Alongside the CEO search, Nvidia said it would report its third-quarter fiscal 2027 results on November 17 as previously scheduled. Those results and the accompanying earnings call are the next scheduled opportunity for the company to address investors following the leadership change.
Reporting note: This report is based on Nvidia’s November 12 leadership announcement. Elsepost has not independently established the reason for Huang’s departure.