Nvidia's board announced on November 12, 2026, that Jensen Huang has resigned as the company's president, chief executive officer, and a member of the board, effective immediately. In a press release, Nvidia said: "NVIDIA (NASDAQ: NVDA) Board of Directors announced today that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately."
Colette Kress, Nvidia's executive vice president and chief financial officer, will serve as interim CEO. The board appointed Harvey C. Jones as its first-ever chair. Neither the press release nor Nvidia's SEC filing gives a reason for the resignation.
What the filing says
Nvidia also filed a Form 8-K with the U.S. Securities and Exchange Commission. The filing index lists the filing as accepted on November 12, 2026, at 8:52:41 a.m. Eastern Time (5:52 a.m. PT). The date of the earliest event reported is November 11, 2026. The filing is signed on November 12 by Colette M. Kress as interim chief executive officer, executive vice president, and chief financial officer. A copy of the press release, dated November 12, 2026, is attached as Exhibit 99.1.
The 8-K says: "On November 11, 2026, the Board of Directors, or the Board, of NVIDIA Corporation accepted the resignation of Jen-Hsun Huang, as NVIDIA's President, Chief Executive Officer and member of the Board, effective immediately." The filing uses Huang's legal name, Jen-Hsun Huang.
Neither the press release nor the 8-K states why Huang resigned.
Who leads Nvidia now
The release says Kress "has agreed to serve as Interim Chief Executive Officer." It adds: "Kress will continue to serve as Executive Vice President and Chief Financial Officer while serving as Interim Chief Executive Officer until a permanent successor has been named." The 8-K says the same in substance: the board appointed Kress, age 59, "to serve as interim Chief Executive Officer, while the Board conducts a search for a new Chief Executive Officer," and that she "will continue in that role while she serves as the interim Chief Executive Officer." The 8-K says she has been executive vice president and chief financial officer since 2013.
According to the release, Kress has been Nvidia's CFO since she joined the company in September 2013. Before that, the release says, she "spent nearly 25 years in finance roles at leading technology companies, including Cisco and Microsoft."
Our profile of Colette Kress covers her career and what Nvidia's filings say about her pay and ownership.
The board is searching for a permanent CEO. The release says: "The Board is initiating a search for a permanent Chief Executive Officer and will consider internal and external candidates."
A new board chair
The board appointed Harvey C. Jones "as its first-ever Chair of the Board," the release says. It describes Jones as an entrepreneur, technology executive, and venture investor for over 30 years, "including serving as Chief Executive Officer and Executive Chairman of Synopsys." The 8-K says the board appointed Jones, age 73, as chair on November 11, 2026. It says he has served on the board since 1993, has been the managing partner of Square Wave Ventures, a private family office, since 2004, and has over 30 years of experience as an entrepreneur, high technology executive, and venture investor.
Jones said in the release: "Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position." He also said: "She is supported by an experienced leadership team that has been instrumental in executing NVIDIA's strategy and advancing its technology roadmap. The Board has full confidence in Colette and the leadership team, and we expect the company's operations, customer commitments and product roadmap to continue without interruption."
Kress said: "NVIDIA's strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years. We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers and shareholders."
The release ends its comments on Huang this way: "Jensen's contributions to NVIDIA are profound. NVIDIA is one of the most consequential technology companies in the world. The Board and the company thank Jensen for his immeasurable contributions to the company and the industry."
Earlier statements and reports
The announcement comes after two earlier statements from Nvidia's board. Those statements did not announce a change in leadership, and neither the November 12 release nor the 8-K ties the resignation to them.
On November 8, Nvidia's board said: "The NVIDIA Board is initiating an independent investigation in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort." That statement also said: "While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board's inquiry will examine all available information." It said: "The Board has confidence in Jensen and his leadership team and will provide further updates as appropriate."
On November 10, the independent board members said: "The independent members of the NVIDIA Board have retained former acting U.S. Attorney of the Southern District of New York Joon H. Kim and his firm Wachtell, Lipton, Rosen & Katz to conduct a thorough and independent investigation as was announced on Sunday."
On November 11, CBS News and The Wall Street Journal reported, citing unnamed sources, that Nvidia's board was preparing to remove Huang. At that time, Nvidia had not announced a change in leadership. We covered those reports. The reports described what sources said was being prepared. They were not an official announcement, and they did not say the board had voted. We also covered the board's November 8 probe and the stock move that followed.
What's next
Nvidia said it will report third-quarter fiscal 2027 financial results "on Tuesday, November 17, at approximately 1:20 p.m. PT, as previously scheduled," followed by its earnings call at 2 p.m. PT.
For reactions from investors, prediction markets and Hacker News, see what people are saying about Huang's resignation.
Sources
- NVIDIA Announces CEO Transition (NVIDIA Newsroom, Nov. 12, 2026)
- NVIDIA Corporation Form 8-K (filed Nov. 12, 2026; earliest event Nov. 11, 2026)
- SEC filing index for 0001045810-26-000082
- Statement From NVIDIA Board of Directors (Nov. 8, 2026)
- Statement From the Independent Members of the NVIDIA Board (Nov. 10, 2026)
