Nvidia Names CFO Colette Kress Interim CEO Following Jensen Huang Resignation
What happened
Nvidia appointed longtime Chief Financial Officer Colette Kress as interim chief executive officer on November 11, 2026, following the sudden resignation of co-founder Jensen Huang.
The Context
* A sudden executive exit occurred after reports surfaced regarding Huang's personal relationships, including one involving an alleged foreign intelligence operative that triggered congressional scrutiny. * A dual-role transition places 59-year-old Kress in charge as both interim CEO and CFO while the board, now chaired by Harvey C. Jones, conducts an external search for a permanent successor. * Immediate market pressure pushed Nvidia shares down over 10% in premarket trading ahead of the company's scheduled November 17, 2026 earnings call.
The Number
— Nvidia's annual revenue for fiscal 2026, surging from $4.13 billion when Kress joined in 2013, illustrating the scale of the balance sheet she now steers amid geopolitical and operational headwinds.
Takeaway
Watch the November 17 earnings call to see whether Kress can protect delivery timelines for global compute infrastructure while navigating heightened national security oversight.
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