Nvidia stock: Huang resigns as Kress takes interim CEO

Published on 11/13/2026 at 17:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nvidia stock faces a leadership transition after Jensen Huang resigned. CFO Colette Kress will lead the company through next week's earnings release.

Leadership change sets next test

Jensen Huang resigned as NVIDIA's president, CEO and board member with immediate effect.
Colette Kress will remain CFO while serving as interim CEO during the search for a permanent successor.
NVIDIA's fiscal third-quarter results remain scheduled for Tuesday, November 17.

Nvidia, US67066G1040, Illustration mit AI erstellt.

NVIDIA announced on Thursday, November 12, that Jensen Huang had resigned as president, chief executive officer and a member of the board, effective immediately. Colette Kress, the company's executive vice president and chief financial officer, will serve as interim CEO while retaining her finance role.

Nvidia stock traded at 144.75 euros on Lang & Schwarz at 17:13 CET on Friday, November 13, 3.55 percent below the Xetra close of Thursday, November 12, at 150.08 euros.

Kress takes charge before earnings

The leadership change comes days before NVIDIA's fiscal third-quarter results. The company said the release remains scheduled for Tuesday, November 17, followed by an earnings call. That timetable gives investors an early test of how Kress presents the business and the board's transition plans.

NVIDIA said Kress will remain interim CEO until a permanent successor is named. The board has started a search and will consider internal and external candidates. The company said the leadership team would continue advancing its work in accelerated computing and AI.

Board creates new chair role

Harvey C. Jones was appointed NVIDIA's first-ever chair of the board. The company said Jones and the board expect operations, customer commitments and the product roadmap to continue without interruption.

The announcement said Kress has led NVIDIA's finance organization since joining the company in September 2013. She said the leadership team would build on the foundation created during Huang's 33 years at NVIDIA.

Investors will focus next on the earnings release, management's comments on operating continuity and the timeline for the permanent CEO search. The leadership transition adds a governance issue to the usual review of demand, execution and the company's AI roadmap.

Current market reports provide the broader setting for technology shares.

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