Jensen Huang Resigns from NVIDIA After 33 Years as CEO
As seen on the 24/7 Wall St. homepage on November 12, 2026.
NVIDIA Announces CEO Transition
The founder who ran NVIDIA for 33 years is gone effective immediately, with CFO Colette Kress holding both jobs while the board searches internally and externally for a permanent successor. Harvey C. Jones becomes the company's first-ever board chair and says operations, customer commitments and the product roadmap continue uninterrupted, with third-quarter fiscal 2027 results still landing Tuesday, November 17, as scheduled.
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Jensen Huang, who co-founded NVIDIA and led it for 33 years, has resigned effective immediately. CFO Colette Kress has been appointed interim CEO, taking on both roles while the board conducts a search for a permanent successor, looking both inside and outside the company.
Harvey C. Jones has been named board chair, a title that has never existed at NVIDIA before. In his statement, Jones said operations, customer commitments, and the product roadmap will continue without interruption, signaling that the transition is meant to be as orderly as possible despite its immediacy.
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The timing is notable. NVIDIA's third-quarter fiscal 2027 earnings report is still set to land on Tuesday, November 17, as originally scheduled, giving investors an early read on whether the business itself is on steady footing regardless of who is running it day to day.
For investors, the central question is what a permanent CEO search means for a company whose valuation has been closely tied to Huang's vision and execution. Kress, as a long-standing executive with deep familiarity with NVIDIA's finances and strategy, provides continuity in the interim, but the board's choice of permanent successor will likely carry significant weight for the stock's longer-term trajectory.
Mentioned: NVDA
