NVIDIA (NASDAQ: NVDA) Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.
Colette Kress, current Executive Vice President and Chief Financial Officer of NVIDIA, has agreed to serve as Interim Chief Executive Officer. Kress will continue to serve as Executive Vice President and Chief Financial Officer while serving as Interim Chief Executive Officer until a permanent successor has been named. The Board is initiating a search for a permanent Chief Executive Officer and will consider internal and external candidates.
Kress has served as Executive Vice President and Chief Financial Officer of NVIDIA since joining the company in September 2013. During her tenure, she has led the company’s finance organization and has played a key role in NVIDIA’s growth and evolution. Prior to joining NVIDIA, Kress spent nearly 25 years in finance roles at leading technology companies, including Cisco and Microsoft.
The Board of Directors appointed Harvey C. Jones as its first-ever Chair of the Board. Mr. Jones has been an entrepreneur, technology executive, and active venture investor for over 30 years, including serving as Chief Executive Officer and Executive Chairman of Synopsys.
“Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position,” said Harvey Jones, Chair of the NVIDIA Board of Directors. “She is supported by an experienced leadership team that has been instrumental in executing NVIDIA’s strategy and advancing its technology roadmap. The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption.”
“NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years,” said Colette Kress, Interim CEO and CFO, NVIDIA. “We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers and shareholders.”
Jensen’s contributions to NVIDIA are profound. NVIDIA is one of the most consequential technology companies in the world. The Board and the company thank Jensen for his immeasurable contributions to the company and the industry.
NVIDIA will report its third-quarter fiscal 2027 financial results on Tuesday, November 17, at approximately 1:20 p.m. PT, as previously scheduled, followed by its earnings call at 2 p.m.
What Led To NVIDIA CEO’s Resignation?
NVIDIA CEO Jensen Huang has been hit with a wave of infidelity and scandalous accusations in recent weeks after he was spotted having close relationship with a Chinese businesswoman alleged to have passed information to Beijing.
On Sunday, Nvidia announced it has launched an internal investigation into Huang and questions surrounding his potential connections to a foreign intelligence operative cumulating into an unexpected development that has sent ripples through the tech industry.
The probe follows a media report detailing a close relationship between Huang and a Chinese businesswoman alleged to have passed information to Beijing.According to the report, Huang maintained a personal relationship with the businesswoman.
In addressing Nvidia employees, Huang acknowledged that he had been unfaithful to his wife but provided no further details about the relationship itself.
Nvidia stands as the world’s most valuable chipmaker, and Huang has been the central public face and salesman of the artificial-intelligence boom that has driven the company’s extraordinary rise.
The investigation placed unusual scrutiny on one of the most prominent figures in technology.
China State Controlled Media Defends Jensen Huang
Global Times a Chinese State Controlled Media organization has rushed to the defense of embattled NVIDIA CEO Jensen Huang saying the incident is first and foremost a private matter for him and an internal affair for the United State.
The Chinese State Controlled Media organization has gone further to question why the “Chinese spy” rumor suddenly surfaced at this very moment? asking if someone behind the scenes pushing an agenda and stoking confrontation.
Global Times said: “Merely a few photos of a woman with Asian features, combined with Nvidia’s previous efforts to push for the easing of trade restrictions on China, along with statements from “sources familiar with the matter” and media “suspicion,” were enough to sensationalize the story into “a Chinese female spy infiltrating a US chip company.” This is precisely how the US media, which has always prided itself on being “objective,” fabricates stories” China’s Foreign Ministry had also previously issued a stern rebuttal, stating that the relevant report was groundless and was nothing but a smear against China.
This was followed up by Singapore’s Ministry of Home Affairs swiftly issued a statement clarifying that US media reports claiming Singaporean officials “were concerned” about the woman and “had separately investigated her ties to China” were untrue.
Jensen Huang’s Resignation as NVIDIA CEO
In the early hours of Thursday November 12, 2026 NVIDIA Board of Directors announced that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.
Colette Kress, the current Executive Vice President and Chief Financial Officer of NVIDIA, has agreed to serve as Interim Chief Executive Officer. Kress will continue to serve as Executive Vice President and Chief Financial Officer while serving as Interim Chief Executive Officer until a permanent successor has been named. The Board is initiating a search for a permanent Chief Executive Officer and will consider internal and external candidates.
Kress has served as Executive Vice President and Chief Financial Officer of NVIDIA since joining the company in September 2013. During her tenure, she has led the company’s finance organization and has played a key role in NVIDIA’s growth and evolution. Prior to joining NVIDIA, Kress spent nearly 25 years in finance roles at leading technology companies, including Cisco and Microsoft.
