Jensen Huang Resigns as Nvidia CEO, With CFO Colette Kress Named Interim Chief Executive

Jensen Huang has resigned as president and chief executive officer of Nvidia and has left the company's board, effective immediately. Nvidia disclosed in a Form 8-K filing with the US Securities and Exchange Commission that it accepted the resignation on November 11. Chief financial officer Colette Kress takes over as interim CEO while the board searches for a permanent successor.
"Nvidia Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately," the company said in a statement on its newsroom.
Why Jensen Huang Left Nvidia
Huang cofounded Nvidia in 1993 and had led it ever since, making him the longest serving CEO of a major tech company. Under his leadership, the company grew from a maker of gaming graphics cards into the main supplier of AI computing hardware, and its market value peaked at more than $5.5 trillion earlier this year.
The resignation follows weeks of reports about his personal life:
- Huang admitted to an affair with a woman whom US officials suspected of working for Chinese intelligence
- Nvidia's board opened an independent investigation into his activities after the first report
- a second report this week alleged a relationship with an Nvidia executive
- the board was reported to be preparing to remove him before he resigned
Nvidia shares had already fallen to their lowest level since June 2025 after reports that the board was considering ousting Huang.
Who Is Interim CEO Colette Kress
Kress joined Nvidia in 2013 as chief financial officer, after more than two decades in finance roles at Microsoft, Cisco, and Texas Instruments. She manages Nvidia's relationship with investors and presents its results, customer demand, and supply constraints on earnings calls.
Harvey Jones, the newly appointed chair of Nvidia's board, said Kress "has helped lead Nvidia through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position." He added that the board has "full confidence" in her.
Nvidia has an unusual structure in which dozens of executives report directly to the CEO and there is no chief operating officer. That leaves Kress as one of the few people with a full view of the company's finances.
Other executives named as possible long term successors include Ian Buck, who created the CUDA software platform, and Jeff Fisher, the longtime head of the GeForce business.
For gamers and PC buyers, nothing changes right away. Nvidia has not announced any changes to its GeForce products, drivers, or launch plans, and the interim CEO comes from inside the company. Nvidia has not given a timeline for naming a permanent CEO.
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