GoKawiilNvidia ousts Jensen Huang; CFO Colette Kress named interim CEO
Nvidia's Board announced Thursday that co-founder Jensen Huang has resigned as President, CEO and board member effective immediately, following reports he had affairs with an alleged Chinese spy and a direct report. CFO Colette Kress, who has been at Nvidia since 2013 after stints at Cisco and Microsoft, will serve as interim CEO while the company searches for a permanent replacement.
GoKawiil's interpretation of the reporting above, not reported fact.
The sudden removal of a leader who had run Nvidia for 33 years without any succession plan creates uncertainty at a company valued around $3.8 trillion and central to the AI chip boom. Kress's long tenure as CFO and visibility with analysts on earnings calls could help reassure investors during the transition, though her ability to steer strategy beyond finance is untested.
- Jensen Huang resigned as Nvidia's President, CEO and board member effective immediately.
- The departure followed reports of affairs with an alleged Chinese spy and a subordinate.
- CFO Colette Kress, a Nvidia veteran since 2013, becomes interim CEO during the leadership search.
Source: techcrunch.com — Amanda Silberling, 2026-11-12
Published there as: “Jensen Huang is out at Nvidia — who is Colette Kress, his interim replacement?”
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