Nvidia Co-founder Jensen Huang Resigns as CEO, Colette Kress Appointed Interim CEO

Nvidia announced on November 12, 2026, that co-founder Jensen Huang resigned as chief executive and director, with the board accepting his resignation on November 11. Finance chief Colette Kress has been named interim CEO, and Harvey Jones will serve as Nvidia's first board chair. The news led to a 4.34% decline in the stock on the day of the announcement, and analysts have since downgraded the chipmaker due to ongoing uncertainty regarding the succession plan.