Jensen Huang resigns as Nvidia CEO; Colette Kress takes interim role, CNBC reports
Kress will retain her CFO duties until a permanent successor is named. Nvidia is keeping its November 17 earnings report on schedule.
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3 key pointsNvidia’s next major investor update is still scheduled for November 17, five days after CNBC reported Jensen Huang’s immediate resignation, making the earnings call an early test of continuity under interim CEO Colette Kress. Kress will retain the CFO post during the succession search, while the board says operations, customer commitments and the product roadmap should continue without interruption. The company has not named a permanent successor.
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Nvidia plans to post third-quarter results around 1:20 p.m. Pacific on November 17 and hold its earnings call at 2 p.m.
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Harvey C. Jones, a board member since 1993 and former Synopsys CEO and chairman, was named Nvidia’s first board chair.
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Kress joined Nvidia in 2013 after 13 years at Microsoft and previously held a finance leadership role at Cisco.
Nvidia CEO Jensen Huang resigned effective immediately on November 12, 2026, with Colette Kress taking over as interim chief executive, CNBC reported. His departure ends his tenure leading the chipmaker he co-founded 33 years ago and puts its finance chief in charge of the company during the search for a permanent successor.
Nvidia said Kress will continue as executive vice president and chief financial officer while serving as interim CEO. Her appointment lasts until a permanent successor is named, leaving her with both the executive and finance roles during the transition.
A finance veteran takes the interim post
Kress joined Nvidia in September 2013 and most recently served as executive vice president and finance chief. Before Nvidia, she spent 13 years at Microsoft and served as finance chief within Cisco’s business technology and operations finance unit.
She holds a finance degree from the University of Arizona and a master’s in business administration from Southern Methodist University.
Nvidia also named Harvey C. Jones its first-ever board chair. Jones joined the board in 1993 and previously served as CEO and chairman of chip-design software company Synopsys. In the release announcing the transition, he set out the board’s expectations:
November 17 earnings stay on schedule
Nvidia reiterated that it plans to announce third-quarter results on November 17 despite the CEO transition. The company plans to post results around 1:20 p.m. Pacific time and host an earnings call at 2 p.m. Pacific time, according to CNBC’s live coverage. The schedule keeps the financial update five days after the leadership change.
Sources
- cnbc.comNvidia live updates: CEO Jensen Huang resigns, Colette Kress named interim chief
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