Nvidia announced on November 12, 2026, that Jensen Huang had resigned as president, chief executive and a board member. Finance chief Colette Kress will serve as interim CEO while directors search for a permanent successor. An independent investigation into concerns about a possible foreign intelligence effort is also underway.
The company’s filing with the Securities and Exchange Commission says directors accepted Huang’s resignation effective November 11, 2026. The appointments took effect that day, before the public announcement. Kress will continue as chief financial officer while leading the company.
Kress takes charge
Kress, 59, has been Nvidia’s executive vice president and chief financial officer since 2013. She takes on the interim role with years of experience overseeing the company’s finances. Nvidia has not announced a replacement for her as CFO; she will hold both positions during her time as interim CEO. Axios also reported the leadership change.
Directors appointed Harvey C. Jones as board chair. Jones has served on Nvidia’s board since 1993 and has been managing partner of Square Wave Ventures since 2004, according to the filing. His background includes more than 30 years as an entrepreneur, technology executive and venture investor.
The board will consider both internal and external candidates for the permanent CEO role. Its transition announcement did not set a public deadline for making that choice.
The investigation began before the resignation
On November 8, 2026, Nvidia’s board announced an independent investigation after reporting that Huang had been targeted by a foreign intelligence effort. A committee of independent directors was assigned to oversee the inquiry with help from outside counsel.
The board said it had no reason at that time to believe national security or Nvidia’s secrets had been compromised. That statement described its position when the inquiry opened, not a finding from a completed investigation. Directors said the review would examine all available information
In a separate message to employees published on November 8, 2026, Huang acknowledged being unfaithful to his wife and apologised to his family and colleagues. He said he supported the independent investigation and would cooperate fully. His admission concerned his personal conduct; it did not establish whether sensitive company information or national security had been affected.
On November 10, 2026, the independent directors named former acting U.S. Attorney Joon H. Kim and his firm, Wachtell, Lipton, Rosen & Katz, to conduct the investigation. Their statement identified the outside investigators but gave no findings or completion date.
Customer commitments and product plans
In its November 12, 2026 announcement about the Nvidia CEO transition, the company said Jones had expressed confidence in Kress and the existing leadership team. He said the board expected operations, customer commitments and the product roadmap to continue without interruption.
Customers planning around Nvidia technology therefore have the board’s stated expectation that those commitments and plans will continue through the leadership change. That assurance remains an expectation, rather than a guarantee about every future delivery or product decision. Kress said her focus would include customers, partners, developers and shareholders while she serves as interim CEO.
For individual PC users, Nvidia also maintains its software and driver business through the NVIDIA App. Readers who encounter an installation problem can consult TopDailyBlog’s guide to the Nvidia App’s unknown error.
Financial results remain scheduled
Nvidia said it would still release its third-quarter fiscal 2027 results on November 17, 2026, at approximately 1:20 p.m. Pacific time. An earnings call is scheduled for 2 p.m. Pacific time.
The results and call give shareholders and customers a scheduled opportunity to hear from management after the leadership change. The announcement kept that financial reporting schedule in place while the board searches for a permanent chief executive and the independent investigation continues.
