Nvidia's board has accepted Jensen Huang's resignation as chief executive officer and his departure from the board, following a scandal linked to alleged extramarital relationships and a separate investigation involving suspected Chinese espionage. The company named Colette Kress, its chief financial officer, as interim CEO, and appointed Harvey Jones as chair of the board.
Harvey Jones, 73, becomes the first person to hold the formal title of board chair in Nvidia's history. Jones previously served in senior leadership at Synopsys Inc., a company that develops software for chip design. In an internal letter to employees, Jones said the board will evaluate both internal and external candidates when selecting a permanent CEO.
Colette Kress has been Nvidia's chief financial officer for more than thirteen years and will lead the company until a permanent successor is chosen. In a message to staff, Kress acknowledged the company is going through an extremely difficult period, thanked employees for their resilience and professionalism, and emphasized that the company's greatest strength is its workforce.
In his communication to employees, Jones also recognized Jensen Huang's role in building Nvidia into a defining technology company, noting Huang's contributions to accelerated computing, the modern graphics-processor market, and the hardware infrastructure that supports artificial intelligence. At the same time, the board indicated it will consider other leadership options going forward.
Senior management has convened an all-hands corporate meeting scheduled for 9:00 a.m. Pacific Time on November 18, 2026, to outline plans and next steps. Media coverage has reported market reactions and share-price movements in response to the leadership change and the underlying scandal.
This article is for informational purposes and is not investment advice or a recommendation. An AI assistant participated in preparing this text; the final content was edited and verified by our journalist.
