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Latest News  |  November 12, 2026
Nvidia CEO Jensen Huang Resigns; CFO Colette Kress Named Interim CEO
Joe Palmisano
By: Joe Palmisano

Nvidia CEO Jensen Huang Resigns; CFO Colette Kress Named Interim CEO

Jensen Huang resigned Thursday as Nvidia’s president, CEO and a member of its board, effective immediately, ending more than three decades at the helm of the chipmaker he co-founded. Chief Financial Officer Colette Kress will serve as interim CEO while the board considers internal and external candidates for a permanent successor.

The leadership change follows Nvidia’s announcement Sunday that independent directors would investigate reports that Huang had been targeted by a foreign intelligence effort. At the time, the board said it had no reason to believe national security or company secrets had been compromised.

Kress will remain executive vice president and CFO while serving as interim CEO. She joined Nvidia in September 2013 after nearly 25 years in technology finance roles, including at Cisco and Microsoft.

Nvidia is scheduled to report quarterly earnings Nov. 17. The report will give investors an early opportunity to hear how Kress plans to manage the transition.

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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