Jensen Huang has resigned as NVIDIA's President, Chief Executive Officer and a member of its Board of Directors, effective immediately, NVIDIA announced in a release posted at 13:48 UTC on November 12. Colette Kress, the company's Executive Vice President and Chief Financial Officer, has agreed to serve as Interim Chief Executive Officer.
Kress will keep her CFO role while serving as interim CEO until a permanent successor is named. NVIDIA said its board is searching for a permanent CEO and will consider internal and external candidates.
The board also appointed Harvey C. Jones as its first-ever Chair of the Board. NVIDIA describes Jones as an entrepreneur, technology executive and venture investor for more than 30 years, including as CEO and Executive Chairman of Synopsys.
What NVIDIA's Leaders Said
"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," Jones said in the release.
Kress joined NVIDIA as CFO in September 2013 after nearly 25 years in finance roles at companies including Cisco and Microsoft. She said she is "committed to building on the extraordinary foundation Jensen created over the last 33 years."
The release thanks Huang "for his immeasurable contributions to the company and the industry." It does not give a reason for his resignation or say whether he will have any future role at NVIDIA.
Board Investigation Opened November 8
On November 8, NVIDIA's board said it was starting an independent investigation "in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort." The board said it had "no reason to believe that either national security or NVIDIA secrets were compromised," that Huang supported the review and that it had confidence in him.
On November 10, the independent members of the board said they had retained Joon H. Kim, a former acting U.S. Attorney for the Southern District of New York, and his firm Wachtell, Lipton, Rosen & Katz to conduct the investigation.
Also on November 8, NVIDIA published an email Huang sent to employees in which he apologized and wrote, "I was unfaithful to my wife." In the same email he said he supported the board's investigation and would cooperate fully.
Earnings Date Unchanged
NVIDIA said it will report third-quarter fiscal 2027 results on Tuesday, November 17, at about 1:20 p.m. PT (21:20 UTC), as previously scheduled, followed by its earnings call at 2 p.m. PT (22:00 UTC).
Our recent NVIDIA coverage includes the RTX Spark laptop launch and the DGX Spark 64GB rollout.
