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NVIDIA CEO Jensen Huang resigns; CFO Colette Kress named interim CEO

NVIDIA says Jensen Huang has resigned with immediate effect. Chief financial officer Colette Kress will be interim CEO while the board looks for a permanent successor.

Jensen Huang, NVIDIA co-founder, in a black leather jacket with his arms crossed
Jensen Huang, who has resigned as NVIDIA chief executive. NVIDIA

NVIDIA said its founder and chief executive, Jensen Huang, has resigned with immediate effect. The company named executive vice president and chief financial officer Colette Kress as interim chief executive while the board begins a search for a permanent successor.

The board also appointed Harvey C. Jones as its first-ever chair. In a statement Jones said Kress helped guide the company through a period of rapid growth and that the board expects operations, customer commitments and the product roadmap to continue without interruption.

Kress has been NVIDIA's chief financial officer since joining the company in September 2013 and previously held senior finance roles at major technology firms including Cisco and Microsoft.

Kress said the company would build on the foundation Huang created and continue work on accelerated computing and artificial intelligence while serving customers, partners, developers and shareholders.

NVIDIA will report third-quarter fiscal 2027 results on Tuesday, 17 November at about 1:20 p.m. PT, followed by an earnings call at 2:00 p.m. PT, the company said. The announcement is on NVIDIA's newsroom: NVIDIA newsroom - CEO transition.

Analysis of GPU availability in Africa shows many announced data-centre and GPU build-outs on the continent but limited self-service access to the newest H100-class GPU instances in regional cloud zones as of mid-2026. That analysis, by Spheron Network, suggests a gap between announced capacity and rentable instances in some regions; changes at NVIDIA could therefore influence when African developers and businesses are able to access particular hardware or cloud services: Spheron Network - GPU cloud providers in Africa (2026).

The board and the company thanked Jensen Huang for his "immeasurable contributions to the company and the industry."

Newzroom dot Africa has reached out to NVIDIA for comment and is awaiting a response. This story will be updated when they respond.

Source: NVIDIA

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