NVIDIA founder Jensen Huang has resigned as the company’s President and Chief Executive Officer (CEO), marking a major leadership change at one of the world’s most influential technology companies. The company’s Board of Directors has appointed Chief Financial Officer (CFO) Colette Kress as interim CEO while it searches for a permanent successor.

According to NVIDIA’s official announcement on November 12, 2026, Huang’s resignation takes effect immediately. He has also stepped down as a member of the company’s Board of Directors.

The announcement marks the end of Huang’s leadership tenure at NVIDIA, which he co-founded and helped transform into a global leader in graphics processing, accelerated computing and artificial intelligence.

NVIDIA Board Thanks Jensen Huang for His Contribution

In its official statement, NVIDIA’s Board of Directors praised Huang’s contribution to the company and the technology industry.

The board said that his contribution to NVIDIA had been profound and described the company as one of the world’s most consequential technology businesses.

It also thanked Huang for his immeasurable contributions to the company and the wider industry.

The announcement did not provide a detailed explanation of the circumstances behind his resignation.

Colette Kress Takes Charge as Interim CEO

NVIDIA has appointed Colette Kress, the company’s Executive Vice President and Chief Financial Officer, as interim CEO.

Kress joined NVIDIA in September 2013 and has led its finance organisation for more than a decade. Before joining the company, she held finance positions at major technology businesses, including Cisco and Microsoft.

She will continue serving as CFO while taking on the interim CEO responsibilities until the company appoints a permanent chief executive.

The NVIDIA Board has expressed confidence in Kress and the existing leadership team, saying it expects the company’s operations, customer commitments and product roadmap to continue without interruption.

What Did Colette Kress Say After Her Appointment?

Following her appointment, Kress said that NVIDIA would continue building on the foundation created under Huang’s leadership.

She said the company would continue advancing the work that made NVIDIA a leader in accelerated computing and artificial intelligence.

Kress also emphasised that the company’s priorities would remain focused on serving its customers, partners, developers and shareholders.

Her statement signals an intention to maintain NVIDIA’s existing business strategy and technology roadmap during the leadership transition.

NVIDIA Begins Search for Permanent CEO

The company’s Board of Directors has started the process of identifying a permanent CEO. It will consider both internal and external candidates.

NVIDIA has also appointed Harvey C. Jones as the first-ever Chair of its Board of Directors.

Jones has more than 30 years of experience as an entrepreneur, technology executive and investor. He previously served as CEO and Executive Chairman of Synopsys.

The board said it expects the company’s operations and commitments to continue without interruption during the transition.

Why Is Jensen Huang’s Resignation Significant?

Huang’s departure is a major development for NVIDIA because he played a central role in the company’s growth and transformation over more than three decades.

NVIDIA initially became widely known for its graphics processors used in gaming and professional computing. It later expanded into data centre computing, artificial intelligence and advanced chip technologies.

The company’s leadership transition comes at a time when demand for AI computing infrastructure remains a major driver of the global technology industry.

Investors and industry observers will now watch how the new leadership manages NVIDIA’s AI strategy, product development, customer relationships and long-term growth.

The company is scheduled to announce its third-quarter fiscal 2027 financial results on November 17, 2026, as previously planned.

For now, Colette Kress will lead NVIDIA as interim CEO while the board searches for a permanent successor.