--- title: "Jensen Huang leaves NVIDIA: CFO Colette Kress to lead the company temporarily" description: "NVIDIA announced the resignation of Jensen Huang as president, CEO, and board member. CFO Colette Kress has been appointed as interim CEO, and Harvey Jones as Chairman of the Board." date: 2026-11-12T16:13:42.963Z lang: en url: https://xab.info/en/posts/jensen-huang-resigns-from-nvidia tags: [nvidia, jensen-huang, ceo-resignation, ai-chips, corporate-governance] author: "Alexander Buran" publisher: "XAB.info" --- # Jensen Huang leaves NVIDIA: CFO Colette Kress to lead the company temporarily ![Jensen Huang wearing a black leather jacket with the word FIRED in large bold letters behind him.](https://xab.info/media/2026/11/12/nvidia-dzhensen-huang-pokidaet-kompaniyu/nvidia-dzhensen-huang-pokidaet-kompaniyu-1.webp) ## Key Points - NVIDIA has officially announced the resignation of Jensen Huang from his posts as president, CEO, and board member. - CFO Colette Kress has been appointed as interim CEO, and Harvey Jones as the company's first-ever Chairman of the Board. - The company confirmed its Q3 fiscal 2027 financial report for November 17; NVIDIA shares fell by more than 10% in pre-market trading following the news. NVIDIA has officially announced the resignation of Jensen Huang from his positions as president, CEO, and member of the board of directors. This was stated in a press release published on the company's website. The announcement of the personnel changes coincided with increasing public pressure on the 63-year-old executive, who, according to several publications, has become the center of a scandal involving personal relationships and allegations of ties to a person US intelligence services consider a Chinese intelligence agent. ### Who will lead the company temporarily Colette Kress, who has served as executive vice president and chief financial officer (CFO) of NVIDIA since 2013, has been appointed interim CEO. According to the company's statement, she will continue to perform her financial duties in parallel with managing the business until the board of directors determines a permanent successor. NVIDIA emphasized that both internal and external candidates are being considered for this role. ### First ever Chairman of the Board The board of directors has also introduced a new position within the company — Chairman of the Board — which Harvey Jones has taken for the first time in NVIDIA's history. According to sources, he has over 30 years of experience as an entrepreneur and technology investor and previously led Synopsys as CEO and executive chairman. Jones stated that the company has "full confidence in Colette Kress and the experienced management team," and that operational activities, commitments to customers, and the technology roadmap will "continue without interruption." ### Context: scandal and market reaction The personnel changes took place against the backdrop of a public scandal. Major media outlets previously reported on the "romantic entanglements" of the NVIDIA chief with a woman who, according to US intelligence, is considered a Chinese intelligence agent. Jensen Huang subsequently admitted to marital infidelity and apologized to his family and the company's employees. In pre-market trading, NVIDIA shares reportedly lost more than 10%, putting pressure on the entire market. Huang is one of the company's co-founders and its fourth-largest shareholder with a stake of approximately 3.61%. ### What's next: report and search for a successor Colette Kress noted the importance of preserving the legacy that Huang built over the last 33 years and expressed her intention to "continue to develop the company's leadership in the field of AI and accelerated computing." Amid the personnel reshuffle, NVIDIA confirmed that it will report its financial results for the third quarter of fiscal year 2027 as planned next Tuesday, November 17. The board of directors has already begun the process of searching for a permanent leader to ensure strategic continuity at a time when the artificial intelligence industry is losing one of its key public figures. ## Fact-Check & Sources - [Дженсен Хуанг покидает NVIDIA: компанию впервые возглавит финансовый директор](https://www.rbc.ua/ukr/news/dzhensen-huang-zalishae-nvidia-kompaniyu-1794492299.html) - Original source: NVIDIA official press release regarding Huang's resignation, the appointment of Kress as interim CEO, Jones as Chairman, and the Nov 17 report date. - [Гендиректор NVIDIA Дженсен Хуанг покидает пост на фоне скандала](https://tengrinews.kz/usa/gendirektor-nvidia-djensen-huang-pokidaet-post-fone-skandala-612961/) - Confirms the personnel changes and provides context on the scandal and Huang's admission of infidelity. - [ИСКУССТВЕННЫЙ ИНТЕЛЛЕКТ ПОД УДАРОМ](http://www.russianweek.ca/news/canada/nvidia-ceo-jensen-huang-to-step-down-in-big-blow-to-ai-boom/) - Confirms the resignation, data on the 3.61% stake, age (63), and the >10% share drop in pre-market trading. - [Гендиректор NVIDIA, изменявший жене с подозреваемой в шпионаже женщиной, уволен из компании](https://strana.today/news/515126-hlava-nvidia-dzhensen-khuanh-pokidaet-kompaniju.html) - Confirms the termination and scandal context; details about the 'two women' are reported as claims by the publication. ## FAQ ### Who will lead NVIDIA temporarily after Jensen Huang's resignation? Colette Kress, who has served as executive vice president and CFO since 2013, has been appointed interim CEO. She will manage the business while continuing her financial duties until a permanent successor is found. ### Who has become the Chairman of the Board at NVIDIA? Harvey Jones has become the first-ever Chairman of the Board in the company's history. He brings over 30 years of experience as an entrepreneur and tech investor, having previously led Synopsys. ### When will NVIDIA report its financial results? The company confirmed it will report its results for the third quarter of fiscal year 2027 on November 17.