The whole dayThu 12 Nov 2026
AI Compass
WeeklyArchiveAbout

NVIDIA names CFO Colette Kress interim CEO as Jensen Huang resigns

Effective 12 November 2026, NVIDIA co-founder Jensen Huang stepped down as president, chief executive and board director after 33 years, while Harvey C. Jones became the company’s first-ever board chair.

Jensen Huang and interim CEO Colette Kress flanking a glowing green 3D NVIDIA eye emblem over dark silicon wafer circuitry
Image: AI Compass illustration (NVIDIA marks)

NVIDIA’s Board of Directors announced on 12 November 2026 that co-founder Jensen Huang has resigned as President, Chief Executive Officer and member of the Board, effective immediately, ending a 33-year tenure leading the company he co-founded in 1993. Executive Vice President and Chief Financial Officer Colette Kress has assumed the role of Interim Chief Executive Officer while retaining her EVP and CFO responsibilities until a permanent successor is appointed.

Governance split, CEO search and fiscal calendar

To oversee the transition, NVIDIA’s board initiated a formal succession search covering both internal and external candidates and appointed longtime director Harvey C. Jones as the first Chair of the Board in NVIDIA’s corporate history. Jones brings more than 30 years of semiconductor executive and venture investment experience, having previously served as CEO and Executive Chairman of electronic design automation supplier Synopsys.

Kress joined NVIDIA in September 2013 after nearly 25 years in senior finance roles across technology firms including Microsoft and Cisco, overseeing capital allocation through NVIDIA’s data-centre and AI infrastructure expansion, including recent launches such as GR00T 2 and Alpamayo 2 Edge. Jones stated that customer commitments, operations and the product roadmap will continue without interruption. NVIDIA kept its third-quarter fiscal 2027 financial results and earnings call on their existing schedule for 17 November 2026. NVIDIA’s announcement did not disclose a reason for Huang’s immediate departure or a target timeline for naming a permanent chief executive.

Key details

Effective transition date
12 November 2026 (immediate resignation from President, CEO and Board seats)
Interim chief executive
Colette Kress (retaining Executive Vice President and Chief Financial Officer roles)
Board leadership change
Harvey C. Jones appointed NVIDIA’s first-ever Chair of the Board
Next financial milestone
Q3 fiscal 2027 results on 17 November 2026 at 1:20 p.m. PT (earnings call at 2 p.m. PT)

Release details & context

Board structure and executive background

Prior to 12 November 2026, NVIDIA operated without a designated Chair of the Board while Jensen Huang served concurrently as President, CEO and director across more than three decades of GPU and accelerated-computing cycles. Separating governance oversight under former Synopsys chief Harvey C. Jones establishes an independent board chair during the internal and external CEO search.

Because third-quarter fiscal 2027 reporting remains set for 17 November 2026 at approximately 1:20 p.m. PT ahead of the 2 p.m. PT conference call, Kress will lead that investor update in a dual Interim CEO and CFO capacity while hyperscale cloud buyers monitor NVIDIA’s data-centre roadmap.

Common questions

Is Colette Kress stepping aside as CFO while serving as NVIDIA’s Interim CEO?

No, NVIDIA confirmed that Kress continues to serve as Executive Vice President and Chief Financial Officer alongside her Interim Chief Executive Officer duties until the board names a permanent successor.

Did NVIDIA reschedule its Q3 fiscal 2027 earnings release following the leadership change?

No, third-quarter fiscal 2027 results remain scheduled for 17 November 2026 at approximately 1:20 p.m. PT, followed by the 2 p.m. PT earnings call.

NVIDIA release timeline (11 launches tracked)

  1. Earlier25 Oct 2026
    NVIDIA launches SimReady Central Library with over 2,000 OpenUSD 3D assets on Hugging Face

    NVIDIA launched SimReady Central Library on Hugging Face with more than 2,000 physics-ready OpenUSD 3D assets from robotics and industrial equipment makers.

  2. Earlier28 Oct 2026
    NVIDIA releases open-weight Nemotron 3.5 Transcribe speech model and Granary v2 pipeline

    NVIDIA’s open-weight Nemotron 3.5 Transcribe tops the Hugging Face Open ASR English Leaderboard at 5.33% WER with 4.3B active parameters per token.

  3. Earlier9 Nov 2026
    NVIDIA introduces GR00T 2 world-action robotics model and releases 100k hours of human video

    NVIDIA unveils the GR00T 2 world-action model trained on 402,730 hours of human video and open-sources the 100,000-hour Human-1M-100K dataset on Hugging Face.

  4. Earlier10 Nov 2026
    NVIDIA open-sources Alpamayo 2 Edge reasoning model for onboard autonomous driving

    NVIDIA open-sources Alpamayo 2 Edge, running adaptive driving reasoning in 160 to 190 ms on DRIVE AGX Thor at 15.15 km per incident in AlpaSim.

Explore the full NVIDIA dossier or browse all trending releases.

Also in the Thursday 12 November edition

Read all 13 launches on one page
  1. 01
  2. 03
  3. 04
  4. 05
  5. 06
  6. 07
  7. 08
  8. 09
  9. 10
  10. 11
  11. 12
  12. 13

Spotted an error? Email aiforsuccess.in+compass@gmail.com or tag @ai_for_success on X