Jensen Huang resigns as Nvidia CEO; CFO Colette Kress named interim chief
Nvidia's board said Huang quit as president, CEO and director with immediate effect, named former Synopsys chief Harvey C. Jones its first-ever chair and began a search for a permanent CEO; IT之家 said the shares were down about 10% before the US open.
Why it matters
Huang co-founded Nvidia and led it for 33 years, building the company whose chips power most of the AI boom; Reuters, via CNA, says he holds about 3.61% of the shares. His exit leaves the AI industry's most valuable supplier under an interim CEO who is also its finance chief. Reuters notes it could also affect US chip export policy, given Huang's push to keep access to China and his ties to President Trump. Watch the 17 November earnings call, the search for a permanent CEO, and whether customers and partners report any disruption.
Key facts
- Huang resigned as president, CEO and board member, effective immediately, on 12 Nov 2026
- CFO Colette Kress is interim CEO and stays CFO
- Harvey C. Jones, ex-Synopsys CEO, is Nvidia's first-ever board chair
- Board will consider internal and external CEO candidates
- Shares down about 10% before the US open (IT之家)
- Q3 fiscal 2027 results still due 17 Nov, about 1:20 p.m. PT
How the story developed
- 12 Nov, 14:18 UTC Breaking Jensen Huang resigns as Nvidia CEO; CFO Colette Kress named interim chief
- 12 Nov, 15:13 UTC Confirmed Jensen Huang resigns as Nvidia CEO; CFO Colette Kress named interim chief