Nvidia Names Colette Kress Interim CEO After Jensen Huang Resigns
Understand the event
Nvidia’s board accepted Jensen Huang’s resignation as CEO, president and board member, effective immediately, and appointed CFO Colette Kress interim CEO while it searches for a permanent successor. The company also named former Synopsys CEO Harvey C. Jones its first board chair. The resignation followed reports of two extramarital affairs, including one with an Nvidia executive who reported to Huang. The Decoder reported that the other involved a suspected Chinese spy and that Nvidia had lost roughly $1.4 trillion in market value since October 29; it did not establish that the decline caused Huang’s resignation. After leaving Nvidia, Huang agreed to testify before Congress by Thanksgiving, House Foreign Affairs Committee Chairman Brian Mast said. Mast said the testimony would be behind closed doors and that he expected it to be recorded and transcribed.
Generated by AI from reports · Updated 10 hours ago
Read next
Related eventsNvidia Opens Independent Probe Into Reports of a Spy Operation Targeting Jensen HuangDevelopments
2 developments
- 11/13 00:36 (UTC+8) · 1 reportsJensen Huang Agrees to Testify Before CongressTechCrunch · AI：Jensen Huang Agrees to Testify Before Congress by Thanksgiving
- 11/12 21:53 (UTC+8) · 4 reportsNvidia CEO Jensen Huang Resigns Amid ScandalsThe Decoder：Jensen Huang Resigns as Nvidia CEO After $1.4 Trillion Market Value Loss
Report timeline
Follow the reports to explore different sides of the event.
- Jensen Huang’s Departure Raises Questions About Nvidia’s Open-Source AI Support
Jensen Huang’s resignation as Nvidia CEO has raised questions about whether the company will continue his support for open-source AI. Nvidia has named CFO Colette Kress interim CEO, and her approach to the Hugging Face deal and open model ecosystem is unclear. The article says open-source support also serves Nvidia’s business interests as customers such as Google and OpenAI develop their own chips.
- Jensen Huang Agrees to Testify Before Congress by Thanksgiving
Former Nvidia CEO Jensen Huang has agreed to testify before Congress by Thanksgiving, House Foreign Affairs Committee Chairman Brian Mast said, according to Bloomberg and NBC News. The testimony will take place behind closed doors; Mast said he expects it to be recorded and transcribed. The agreement followed a November 4 letter from Mast and two other House committee chairs requesting Huang’s appearance.
- Nvidia Shares Internal Emails About a Difficult Period Amid CEO Shakeup
Nvidia board chair Harvey Jones said Jensen Huang resigned as CEO and board member, and that the board asked CFO Colette Kress to serve as interim CEO while it searches for a permanent successor. In her first email as interim CEO, Kress called the period “extraordinarily difficult” and said leadership would hold a company meeting on November 18 at 9am PT.
- Who Is Colette Kress, Nvidia’s Interim CEO After Jensen Huang Resigns?
Nvidia says co-founder and CEO Jensen Huang resigned as president, CEO, and board member, effective immediately, and CFO Colette Kress has taken over as interim CEO while the company searches for a successor. Kress joined Nvidia in September 2013 after working at Cisco and Microsoft, and has regularly appeared on Nvidia earnings calls.
- TechCrunch · AIPicksJensen Huang Resigns as Nvidia CEO Amid Scandal and Investigations
Nvidia confirmed in an SEC filing that its board accepted Jensen Huang’s resignation, and CFO Colette Kress will serve as interim CEO while continuing her CFO duties. The timeline also recounts reports of Huang’s relationships with Megaspeed executive Alice Huang and Nvidia executive Kimberly Powell, as well as investigations into Megaspeed over suspected chip diversion to China. Nvidia, Huang, and Powell have not confirmed the report about Powell.
- Jensen Huang Resigns as Nvidia CEO After $1.4 Trillion Market Value Loss
Jensen Huang resigned immediately as Nvidia’s CEO, president, and board member, according to a company statement on November 12, 2026. The resignation followed reports of two extramarital affairs, including one with a suspected Chinese spy, and came after Nvidia lost roughly $1.4 trillion in market value since October 29. CFO Colette Kress is taking over on an interim basis while the board searches for a permanent successor.
- Jensen Huang Resigns as Nvidia CEO After Reports of Two Affairs
Nvidia says its board accepted Jensen Huang’s resignation as CEO, president and board member, effective immediately, and appointed CFO Colette Kress interim CEO. The company is searching for a permanent CEO and named former Synopsys CEO Harvey C. Jones its first board chair. The resignation followed reports of two extramarital affairs, including one with an Nvidia executive who reported to Huang.
- The Vergecast Covers Jensen Huang’s Resignation and a HomeView Review
The Vergecast covers Jensen Huang’s resignation as Nvidia CEO and includes a HomeView review. The source says Nvidia’s board installed CFO Colette Kress as interim CEO after Huang resigned.
Keep up with AI, one email a day
Model releases, price changes and compute developments, with original sources. Free, confirmed by email, and easy to unsubscribe. Read a past issue
Event heat trend
- Current within comparable coverage
- 22
- Peak within comparable coverage
- 2911/13 00:00 (UTC+8)
- 24-hour change
- –
Trends compare the same continuously observed participants, which may cover fewer sources than current heat. Point or click to inspect hourly heat, or use left and right arrow keys.