Jensen Huang Out at Nvidia: CFO Colette Kress Named Interim CEO
As seen on the 24/7 Wall St. homepage on November 12, 2026.
The ouster reports just became an exit, with CFO Colette Kress running the world's most important chipmaker on an interim basis and no permanent successor named.
$NVDA - BREAKING: NVIDIA CEO JENSEN HUANG RESIGNS EFFECTIVE IMMEDIATELY Nvidia announces a major leadership shake-up: 🔸 Jensen Huang resigns as CEO, president and board member, effective immediately. 🔸 Colette Kress, Nvidia's CFO, appointed interim CEO. 🔸 Harvey C. Jones
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Jensen Huang has resigned as Nvidia's chief executive, president, and board member, effective immediately, according to a post by market news account DeItaone on November 12, 2026.
Colette Kress, Nvidia's chief financial officer, steps into the top job on an interim basis. No permanent successor has been named, which means the world's most consequential chipmaker is now operating without a designated long-term leader at a critical moment for the AI hardware market.
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Harvey C. Jones is also named in the announcement, with his role in the shake-up not specified in the initial breaking report. Investors will be watching closely for any follow-up disclosure on the new leadership structure.
Huang co-founded Nvidia and has led the company through its rise to become the dominant force in AI accelerator chips. His immediate and complete exit, with no successor ready, is the kind of leadership vacuum that markets tend to reprice quickly and sharply.
Mentioned: NVDA
