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Nvidia’s Colette Kress Becomes Interim CEO After Jensen Huang Resigns
Nvidia named 13-year finance chief Colette Kress interim CEO after Jensen Huang resigned Thursday, keeping her CFO role as the board seeks a permanent successor.
- Grid
- NW-30 / P6
- Surveyed
- November 13, 2026
- Reading
- 4 min read
- Correspondent
- Priya Raman

Field notes
- Colette Kress became interim CEO while retaining her CFO post after 13 years at Nvidia.
- Jensen Huang, Nvidia’s co-founder and former CEO, resigned Thursday.
- Kress’s first test is framed at five days, although Nvidia announced no matching deadline.
- The board will consider both internal and external candidates for a permanent CEO.
- Two reported extramarital affairs involved Alice Huang, accused of spying for China, and health-care vice president Kimberly Powell.
By Priya Raman
Colette Kress has five days before her first test as Nvidia’s interim chief, after the company named the finance chief who helped guide its rise over 13 years into an artificial intelligence (AI) giant. Jensen Huang, Nvidia’s co-founder and former CEO, resigned Thursday, creating the opening Kress will fill.
Kress has served as chief financial officer (CFO) for 13 years and will keep the post. She now also serves as chief executive officer (CEO) on an interim basis while Nvidia’s board searches for a permanent replacement for Huang.
What changes under Kress?
The immediate arrangement concentrates two top jobs in one executive: Kress will direct the company while continuing to handle finance. It favors continuity over a clean separation, and the announcement disclosed no change to the leadership team or Kress’s finance duties.
Kress tied that continuity to Huang’s tenure. “NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years,” Kress said.
Her operating pledge was equally specific: “We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead.” In that statement, accelerated computing (the specialized computing field Nvidia says it leads) and AI were the two technology priorities she named.
She also said: “Our focus remains on serving our customers, partners, developers and shareholders.” That statement names four constituencies and places their interests at the center of Kress’s interim mandate.
Who chooses the permanent CEO?
The board controls the permanent search and will consider both internal and external candidates. Its announcement named no candidate, set no selection deadline and disclosed no selection criteria. Kress therefore leads Nvidia while the board, not the interim chief, decides who takes the role permanently.
The five-day clock adds urgency, but Nvidia’s announcement does not identify the event it measures or connect the interval to the succession process. The board has also set no date for a permanent appointment.
The search’s two routes preserve both organizational continuity and the possibility of outside leadership. Kress’s job in the meantime is to keep the company operating while that choice remains open; her statement commits her to building on a 33-year foundation rather than announcing a break from it.
Why is the transition turbulent?
The leadership change comes at what Nvidia described as a turbulent moment for the AI chip giant. Huang’s resignation followed reports of two extramarital affairs, or relationships outside marriage: one involving Alice Huang, who is accused of spying for China, and another involving Kimberly Powell, Nvidia’s vice president of health care.
Jensen Huang and Alice Huang are not related despite their shared surname. Nvidia’s board statement did not say either report had established a breach of national security or company secrets, and it did not describe the alleged spying as proven.
The company kept its wording narrowly focused. “While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board’s inquiry will examine all available information,” Nvidia said.
That wording separates two questions: what the reports allege, and what evidence the inquiry finds. It records no reason to believe that either national security or Nvidia secrets were compromised, while committing the board to examine all available information. Until that work ends, Kress inherits an unresolved governance issue as well as a leadership vacancy.
What does Kress have to prove?
The first test is continuity of execution. Kress has promised to build on what she called Huang’s 33-year foundation while advancing Nvidia’s work in accelerated computing and artificial intelligence. Her 13 years as CFO give her institutional knowledge of the company’s finances; the interim CEO role makes her responsible for the whole enterprise.
Her priorities are explicit in one respect: her statement names four groups—customers, partners, developers and shareholders. The announcement does not set financial targets, product milestones or succession criteria, so Kress begins with a continuity mandate rather than a quantified turnaround plan.
The next decisions divide into two tracks. The board must choose a permanent CEO, and its inquiry must assess the allegations; the five-day interval raises the tempo but does not resolve either question.
Kress’s own message offers the operating rule for the meantime: preserve the people and foundation Huang built, continue the company’s stated technology work and serve the four constituencies she named.
via inc.com/rss (Source)
More from Priya Raman
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Senior reporter covering technology and product news in corporate strategy and chief-executive leadership at CEO Frontier.
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