Jensen Huang resigns as NVIDIA CEO effective immediately; CFO Colette Kress named interim CEO

量子位 · wechat · 2026-11-13

NVIDIA announced that Jensen Huang has stepped down as President, CEO, and board member, effective immediately, ending his 33-year run since co-founding the company in 1993. CFO Colette Kress becomes interim CEO while retaining her CFO role, and the board has launched a formal search considering both internal and external candidates.

NVIDIA also appointed Harvey C. Jones, former Synopsys CEO, as the company's first-ever board chairman (previously it used only a Lead Director structure). Kress has served as CFO since 2013, with prior roles at Cisco and 13 years at Microsoft.

Shares fell as much as 13.58% pre-market to $150.13 before recovering to about -4.63%. For reference, during the January 2025 DeepSeek selloff NVIDIA lost $593B in market cap in a single day (-17%). NVIDIA confirmed Q3 FY2027 earnings will proceed as scheduled on November 17, and stated that operations, customer commitments, and the product roadmap continue uninterrupted.

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