NVIDIA (NASDAQ: NVDA) announced on November 12, 2026 that Jensen Huang has resigned as President, Chief Executive Officer, and board member, effective immediately. The company said Chief Financial Officer Colette Kress will serve as Interim CEO while continuing in her role as Executive Vice President and CFO, and that the Board of Directors has launched a formal search for a permanent successor.

Alongside the transition, the Board appointed Harvey C. Jones, the former head of Synopsys, as the first Chair of the Board in NVIDIA's history, according to the company's announcement. Because Huang also gave up his board seat, the announcement touches both NVIDIA's management and its board.

Kress Steps In as Interim Leader

Kress has agreed to lead NVIDIA on an interim basis and will hold both the CEO and CFO roles until the Board names a permanent successor. The announcement described the arrangement as temporary. The search process will consider both internal and external candidates, and no timeline for the appointment was provided, meaning Kress will lead the company for an undetermined period.

Kress joined NVIDIA in September 2013 and has led its finance organization since then, giving the incoming interim chief more than 13 years of tenure inside the company she will temporarily run. Prior to that, she spent nearly 25 years in finance roles at technology companies, including Cisco and Microsoft. The company said she played a key role in NVIDIA's growth and evolution.

In a statement, Kress said she is committed to building on the foundation Huang created over 33 years. She added that NVIDIA will continue advancing its work in accelerated computing and AI, that her focus remains on serving customers, partners, developers, and shareholders, and that the company will execute on the opportunities ahead.

Harvey C. Jones Becomes First Board Chair

Jones previously served as Chief Executive Officer and Executive Chairman of Synopsys and has worked as an entrepreneur, technology executive, and venture investor for more than 30 years.

Commenting on the leadership change, Jones said Kress has a deep understanding of the business, its customers, operations, and financial position, and that she is supported by an experienced leadership team. He said the Board has full confidence in Kress and the team, and that it expects operations, customer commitments, and the product roadmap to continue without interruption.

Huang's Departure and Unchanged Earnings Schedule

The company thanked Huang for his contributions to NVIDIA and the broader industry, describing NVIDIA as one of the most consequential technology companies in the world. His resignation closes out a 33-year tenure at the company — the span Kress cited in pledging to build on the foundation he created.

NVIDIA said it will report third-quarter fiscal 2027 results on Tuesday, November 17, at approximately 1:20 p.m. PT, followed by an earnings call at 2 p.m. PT. The company said the schedule is unchanged from its earlier announcement, which was set before the leadership change was disclosed. The results will be NVIDIA's first earnings report since the transition was disclosed, arriving five days after Kress took the interim role — meaning the company will post quarterly results while its permanent-successor search remains open.