---
title: "Nvidia’s Jensen Huang resigns as CEO after 33 years; CFO Colette Kress is interim chief"
summary: "Nvidia’s 8-K and release of 12 November: who runs the company now, its first-ever board chair, how the shares traded, and the results still due on 17 November."
url: https://www.thetechbag.com/blog/nvidia-huang-resigns-kress-interim-ceo
format: Note
desk: "Markets & the AI economy"
region: Global
published: 2026-11-13
facts_checked: 2026-11-13
author: TechBag (The TechBag Journal)
tags: ["Jensen Huang resigns","Nvidia CEO","Nvidia interim CEO Colette Kress","Nvidia new CEO","Nvidia earnings date","Nvidia stock","Nvidia board chair Harvey Jones","Nvidia","Jensen Huang","Colette Kress","Harvey C. Jones","CEO change","Form 8-K","board chair","lead director","Nvidia results"]
cover: https://www.thetechbag.com/blog/covers/nvidia-huang-resigns-kress-interim-ceo.png
---

# Nvidia’s Jensen Huang resigns as CEO after 33 years; CFO Colette Kress is interim chief

*Nvidia’s 8-K and release of 12 November: who runs the company now, its first-ever board chair, how the shares traded, and the results still due on 17 November.*

Note · Markets & the AI economy · By TechBag · Published 2026-11-13 · Facts checked 2026-11-13 · Canonical: https://www.thetechbag.com/blog/nvidia-huang-resigns-kress-interim-ceo

Nvidia’s board accepted Jensen Huang’s resignation as president, chief executive and director on 11 November, effective immediately, and appointed the chief financial officer, Colette Kress, interim chief executive while it searches for a permanent one.[1] Huang founded Nvidia in 1993 and had been its president and chief executive since then.[3] The filing gives no reason for the resignation. Harvey C. Jones, a director since 1993, becomes chair of the board, a post Nvidia calls its “first-ever”. Nvidia will report its third-quarter results on Tuesday 17 November, as previously scheduled.[2]

33 yrs

Huang’s time as chief executive, since he founded Nvidia in 1993

Nvidia

−4.34%

Nvidia’s share move on 12 November, to US$166.19

Nasdaq

US$108bn

third-quarter revenue Nvidia guided in August, plus or minus 2%

Nvidia

17 Nov

results day, kept as scheduled

Nvidia

## Who runs Nvidia now

Kress, 59, joined Nvidia as chief financial officer in September 2013, after nearly 25 years in finance roles at technology companies including Cisco and Microsoft. She keeps the finance job while she serves as interim chief executive, and signed the 8-K in both titles. The board says it will consider internal and external candidates for the permanent post.[1][2]

Jones, 73, has been managing partner of Square Wave Ventures, a private family office, since 2004. He co-founded Daisy Systems in 1981 and Tensilica in 1997, and between 1987 and 1998 led Synopsys, the chip-design software company, as chief executive and then executive chairman.[3] Until now Nvidia had no chair. Its 2026 proxy statement describes an independent lead director, Stephen C. Neal, chosen “rather than a chairperson”, and says the board may select a chair under its governance policies.[3]

> The Board has full confidence in Colette and the leadership team, and we expect the company’s operations, customer commitments and product roadmap to continue without interruption.Harvey Jones, chair of Nvidia’s board, Nvidia release, 12 November 2026

## The shares, and what comes on 17 November

The 8-K reached the SEC at 8:52am New York time on 12 November (7:22pm IST), before the market opened.[4] Nvidia’s shares opened at US$151.01, 13.1% below the previous close of US$173.73, traded as low as US$148.80 and closed at US$166.19, down 4.34%. Volume was 747.7m shares, 2.2 times the 339.2m of the day before.[5] In pre-market trading on Friday 13 November they stood at US$170.01 at 9:28am New York time (7:58pm IST), up 2.3%.[6]

**Figure: Nvidia changed its chief executive five days before its quarterly results**

*Nvidia’s leadership change, share trading and results date, 11 to 17 November 2026*

| Date | Event | Detail |
| --- | --- | --- |
| 11 Nov 2026 | Board accepts resignation | Kress interim CEO; Jones appointed chair |
| 12 Nov 2026 | 8-K filed, 8:52am ET | before the US market opened |
| 12 Nov 2026 | Shares close 4.34% lower | US$166.19, on 747.7m shares |
| 13 Nov 2026 | Pre-market: up 2.3% | US$170.01 at 9:28am ET |
| 17 Nov 2026 | Third-quarter results | about 1:20pm PT; call at 2pm PT |

Source: Nvidia Form 8-K and release of 12 November 2026; Nasdaq quote data · as of 13 November 2026, 8:30pm IST

The results arrive at about 1:20pm Pacific time on 17 November (2:50am IST on 18 November), with a call at 2pm Pacific.[2] In August Nvidia guided third-quarter revenue to US$108.0bn, plus or minus 2%, and gross margins to 74.0%; in the quarter before, revenue was US$96.2bn, up 106% on a year earlier.[7] What to watch: revenue against that guide, the outlook for the fourth quarter, who speaks for the company on the call, and any word on the search for a permanent chief executive. Where Nvidia’s chips are rented by the hour is in [our Trend on GPU rental prices](https://www.thetechbag.com/blog/gpu-rental-prices-turn-up-b200-h100).

How we did this

Figures as of 13 November 2026, 8:30pm IST

The resignation, the appointments, Kress’s and Jones’s ages and the results date are from Nvidia’s 8-K and release of 12 November; “first-ever” is the release’s word, and the proxy statement of 12 May 2026 confirms that the board had a lead director instead of a chair. Huang’s tenure and Jones’s career are from that proxy statement; the 33 years run from 1993 to 2026. The filing time is EDGAR’s acceptance stamp. Share prices and volumes are Nasdaq’s consolidated data, not a company source; the 13.1% opening gap and the 2.2 times volume are our arithmetic on them. The third-quarter guide is from Nvidia’s results of 26 August. IST times are converted from New York and Pacific times.

Spotted an error? Write to us; corrections are published at the foot of the piece.

Sources

1. [NVIDIA Corporation, Form 8-K: departure and appointment of officers and directors (Item 5.02)](https://www.sec.gov/Archives/edgar/data/1045810/000104581026000082/nvda-20261111.htm) — 12 November 2026
2. [NVIDIA: NVIDIA announces CEO transition (Exhibit 99.1 to Form 8-K)](https://www.sec.gov/Archives/edgar/data/1045810/000104581026000082/nvidiaannouncesceotransiti.htm) — 12 November 2026
3. [NVIDIA Corporation, definitive proxy statement (DEF 14A) for the 2026 annual meeting](https://www.sec.gov/Archives/edgar/data/1045810/000104581026000036/nvda-20260512.htm) — 12 May 2026
4. [SEC EDGAR: filing index for NVIDIA's Form 8-K, accession 0001045810-26-000082 (accepted 08:52:41)](https://www.sec.gov/Archives/edgar/data/1045810/000104581026000082/0001045810-26-000082-index.htm) — 12 November 2026
5. [Nasdaq: NVIDIA (NVDA) historical prices](https://www.nasdaq.com/market-activity/stocks/nvda/historical) — 12 November 2026
6. [Nasdaq: NVIDIA (NVDA) pre-market trading](https://www.nasdaq.com/market-activity/stocks/nvda/pre-market) — 13 November 2026
7. [NVIDIA: financial results for the second quarter of fiscal 2027 (Exhibit 99.1 to Form 8-K)](https://www.sec.gov/Archives/edgar/data/1045810/000104581026000073/q2fy27pr.htm) — 26 August 2026

**Disclosure.** TechBag is a software reseller: it earns when companies buy through it, including from vendors named here. The analysis is TechBag’s own; no vendor paid for or saw this piece before publication. Facts are labelled reported, TechBag count or our view.

**Read this next:** [Big Tech's quarterly capex hit US$202bn, more than its operations brought in](https://www.thetechbag.com/blog/big-tech-ai-capex-quarterly-line) — The spending Nvidia’s results rest on: Big Tech’s quarterly capex hit US$202bn, more than its operations brought in.

Go deeper on TechBag

- [GPU rent turned up: B200 hours rose 21% in a month](https://www.thetechbag.com/blog/gpu-rental-prices-turn-up-b200-h100) — what Nvidia’s chips rent for by the hour
- [CoreWeave’s revenue rose 168%; its interest bill was four times its operating profit](https://www.thetechbag.com/blog/coreweave-revenue-168-percent-interest-four-times-profit) — a GPU cloud that buys Nvidia’s chips, read from its filings
- [Supermicro’s sales grew 298% at a 13% margin; Arista’s grew 58% at 64%](https://www.thetechbag.com/blog/ai-hardware-suppliers-revenue-who-keeps-margin) — growth and margin at other AI hardware sellers
