Jensen Huang resigns as Nvidia CEO, effective immediately
As seen on the 24/7 Wall St. homepage on November 12, 2026.
The departure is immediate and includes his board seat, leaving the CFO running the world's most important AI chipmaker on an interim basis with no permanent successor named.
Nvidia has announced that Jensen Huang has resigned as CEO, President, and a member of the Board, effective immediately. CFO Colette Kress has agreed to serve as Interim CEO. "Jensen’s contributions to NVIDIA are profound. NVIDIA is one of the most consequential technology https://t.co/BGlXpY3zU1
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Jensen Huang's departure covers every role he held at Nvidia: chief executive, president, and board member, all relinquished at once with no transition period. CFO Colette Kress has agreed to step in as Interim CEO, meaning the company's finance chief is now also running day-to-day operations at the world's most important AI chipmaker.
No permanent successor has been named, leaving a gap at a company whose strategic direction has been inseparable from Huang's identity since he co-founded it. Investors are watching for any board communication on a succession timeline.
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Kress is a known quantity inside the company, but moving from the finance seat to interim chief executive is a significant organizational shift. How she communicates with analysts in the coming days will set the tone for how the market processes the leadership void.
Huang's parting words in the announcement described Nvidia as one of the most consequential technology organizations in the world, underscoring how outsized his personal imprint has been. The absence of a named successor is now the most urgent open question for shareholders.
Mentioned: NVDA
