Who Is Nvidia's CEO Now? Colette Kress Takes Over

Who is Nvidia's CEO now?

Colette Kress is Nvidia's interim chief executive officer as of 12 November 2026 ^[1].

Nvidia's board announced that Jensen Huang had resigned as president, chief executive officer and member of the board, effective immediately ^[1]. The company's Form 8-K filing with the US Securities and Exchange Commission says the board accepted the resignation on 11 November 2026 and then appointed Ms Kress, age 59, to serve as interim CEO while it searches for a new chief executive ^[2].

She keeps her existing jobs. Kress "will continue to serve as Executive Vice President and Chief Financial Officer while serving as Interim Chief Executive Officer until a permanent successor has been named," Nvidia said ^[1]. The 8-K is signed by Kress with all three titles ^[2].

In her statement Kress referred to "the extraordinary foundation Jensen created over the last 33 years" ^[1]. The board thanked him for what it called "immeasurable contributions to the company and the industry" ^[1].

This guide covers the company and business side of the change, based on Nvidia's own statements and filings and reputable business press.

Who is Colette Kress?

Kress has been Nvidia's executive vice president and chief financial officer since September 2013, and before that spent nearly 25 years in finance roles at technology companies including Cisco and Microsoft ^[1].

Nvidia says that during her tenure she has led the company's finance organization and "has played a key role in NVIDIA's growth and evolution" ^[1]. She also provided the CFO commentary that accompanied the second-quarter fiscal 2027 results ^[5].

Board chair Harvey Jones called her "a key architect of NVIDIA's growth and capital strategy" in an email to employees obtained by CNBC ^[3]. In the company release he said she has "a deep understanding of our business, customers, operations and financial position" ^[1].

Kress said she is committed to "building on the extraordinary foundation" Huang created and that the company's focus "remains on serving our customers, partners, developers and shareholders" ^[1].

Her appointment is interim. Nvidia has not said how long the search will take ^[1].

Who is Harvey Jones, Nvidia's new chair?

Harvey C. Jones, 73, has been an Nvidia director since 1993 and is now the first-ever chair of its board ^[1][2].

The 8-K says Jones has been managing partner of Square Wave Ventures, a private family office, since 2004 and has more than 30 years of experience as an entrepreneur, technology executive and venture investor ^[2]. Nvidia's release adds that he served as chief executive and executive chairman of Synopsys, the chip-design software company ^[1].

TechCrunch noted that as chair Jones is likely to play a central role in the search for a permanent CEO ^[6].

In his email to staff, Jones wrote that "the Board has full confidence in Colette to deliver on our commitments to shareholders, customers, partners, and to each of you" ^[3].

What changes for Nvidia and its chips?

Nvidia says nothing should change in day-to-day operations: the board expects operations, customer commitments and the product roadmap to continue without interruption ^[1].

The company's most recent public plan comes from its second-quarter results of 26 August 2026 ^[5]:

• Revenue was $96.2 billion for the quarter ended 26 July 2026, up 106% from a year earlier.
• Data center revenue was $89.0 billion, up 117%.
• The Vera Rubin platform was ramping into full production, with racks running at partners including CoreWeave, Google Cloud, Microsoft Azure, Oracle Cloud Infrastructure and Nebius.
• Nvidia guided for third-quarter revenue of $108.0 billion, plus or minus 2%, and said it was not assuming any data center compute revenue from China in that outlook.

Nvidia's statement says the leadership team "has been instrumental in executing NVIDIA's strategy and advancing its technology roadmap" ^[1].

TechCrunch pointed to open questions for the business: Nvidia's large portfolio of AI investments and financing commitments, and that Nvidia had no heir apparent or succession plan before the change ^[6]. On the investments, TechCrunch cited Nvidia's figures at the end of the second quarter: $99 billion in investments, $25 billion in further commitments and $36 billion in cloud service commitments ^[6]. The same report listed direct investments of $2 billion in CoreWeave in January and $2 billion in Nebius in March ^[6]. Both companies also appear among the Vera Rubin partners named in Nvidia's August release ^[5].

How did Nvidia stock react?

Nvidia shares closed at $166.19 on Thursday 12 November 2026, down 4.34%, on very heavy volume ^[4].

The Motley Fool reported trading volume of 734.3 million shares that day, about 423% above the three-month average ^[4]. The S&P 500 fell 0.35% and the Nasdaq Composite 0.39%, the same article said ^[4]. Other figures on that page are inconsistent with its text, so treat these numbers as one outlet's report rather than an official exchange record.

The Motley Fool also reported that some analysts cut their price targets after the announcement ^[4]. Price targets are opinions, not forecasts you can rely on.

Share prices change by the second; check a live quote rather than this snapshot.

For background on what moves the stock, see the Pouyam guide NVIDIA Stock (NVDA) and Earnings Explained: What Drives the AI Chipmaker.

This guide is not investment advice. It explains public information; decisions about buying or selling shares depend on personal circumstances and are best discussed with a licensed adviser.

When is Nvidia's next earnings report?

Nvidia will report third-quarter fiscal 2027 results on Tuesday 17 November 2026 at about 1:20 p.m. PT, with the earnings call at 2 p.m. PT (22:00 UTC), as previously scheduled ^[1].

That will be the first results under interim leadership. The benchmark to compare against is the $108.0 billion revenue guidance, plus or minus 2%, from August ^[5]. The Motley Fool said investors will watch whether management addresses leadership and AI demand on the call ^[4].

Kress also told employees that Nvidia will host a company meeting on 18 November at 9 a.m. PT, according to the email obtained by CNBC ^[3].

How does Nvidia choose a permanent CEO?

The board runs the search and will consider both internal and external candidates, Nvidia said ^[1].

Nvidia disclosed this change under Item 5.02 of Form 8-K, the section used for departures and appointments of directors and officers ^[2]. A permanent appointment would normally be disclosed the same way and announced publicly.

Points to keep in mind:

• No timetable. Nvidia has not said when it expects to name a permanent CEO ^[1].
• Interim CEO can be a candidate. The company has not said whether Kress is being considered for the permanent role ^[1].
• Ownership. TechCrunch reported that Huang is Nvidia's largest individual shareholder but owns only about 3.5% of its shares, and does not hold super-voting rights ^[6].
• Structure. TechCrunch described Huang's management style as very flat, with around 60 direct reports and no heir apparent ^[6].

Until a decision, Nvidia's official communications come from Kress as interim CEO and CFO, and from Jones as chair ^[1][3].

What does this mean for gamers and AI users?

Nvidia says it expects operations, customer commitments and the product roadmap to continue without interruption, so no visible change to products is announced ^[1].

Nvidia's chips power both gaming PCs and much of the world's AI computing. Its edge computing segment, which includes PC and robotics products, had revenue of $7.2 billion in the second quarter, up 13% from the previous quarter and 27% from a year earlier ^[5]. The company's August release lists products such as NVIDIA RTX Spark for Windows PCs and DGX Station for Windows ^[5].

For businesses that buy Nvidia systems, the board's statement that customer commitments continue without interruption is the key line ^[1]. Nvidia reports quarterly results on 17 November ^[1].

Leadership changes at large companies can affect strategy over years rather than weeks. Watch the earnings call and any announcement about the permanent CEO for real signals, and treat social media claims about product cancellations or delays as unverified unless Nvidia confirms them.