NVIDIA CEO Jensen Huang steps down as CFO Colette Kress takes over as interim chief

Jensen Huang has resigned from his position as the president and chief executive officer of NVIDIA following a scandal involving two reported extramarital affairs and a corporate-led investigation. The New York Times reported that Huang had two extramarital affairs, and that one of the women was alleged by U.S. intelligence officials to be tied to Chinese intelligence services.

The longtime executive vice president and chief financial officer of the company, Colette Kress, has been appointed as interim CEO. Kress will continue to serve as interim CEO until the company finds a permanent successor.

Jensen Huang steps down from NVIDIA as CEO and president

On October 29, The New York Times first reported that U.S. officials were investigating Alice Huang, an executive at Megaspeed International. It was also revealed that the the then-CEO of NVIDIA, Jensen Huang, had been having an affair with her.

On November 8, 2026, Jensen Huang officially confirmed that he did have an extramarital affair and issued an apology to his family, employees, and shareholders. The New York Times alleged that Jensen Huang also had an affair with an NVIDIA executive, Kimberly Powell. However, the alleged affair is yet to be confirmed by Huang or Powell and remains unverified.

On November 12, 2026, in a press release by NVIDIA, the board of directors of the company announced that Jensen Huang has resigned as president, chief executive officer, and board member, effective immediately. Colette Kress, who has been serving as the Executive Vice President and Chief Financial Officer of the company, has been appointed as the Interim CEO.

While serving as the Interim CEO, Kress will continue to be the Executive Vice President and CFO of the company. Upon Jensen Huang's stepping down as a board member, Harvey C. Jones was named the first-ever Chair of the Board.

In a statement upon taking up the responsibility of Interim CEO, Kress talked about the company's strength, saying:

"...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."

She added:

"We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers and shareholders."

In the statement from NVIDIA, the company's board of directors thanked Jensen Huang for his contributions to the company, saying:

"The Board and the company thank Jensen for his immeasurable contributions to the company and the industry."

The search for a permanent successor to Huang is ongoing, and the multinational technology company will be looking into candidates both inside and outside the company.

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