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Jensen Huang Resigns, Leaving CFO Colette Kress to Run Nvidia

Via GuruFocus.com

Jensen Huang Resigns, Leaving CFO Colette Kress to Run Nvidia Renato Neves, CFA Thu, November 12, 2026 at 10:50 AM EST 1 min read NVDA -5.21% SNPS +0.66% CSCO +0.81% MSFT +1.28% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Nvidia Corp. (NASDAQ:NVDA) fell 11% in premarket after the company said co-founder Jensen Huang had resigned as president,CEO and a member of the board, effective immediately.

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Colette Kress, Nvidia's CFO since 2013, will serve as interim CEO while keeping her finance role until a permanent successor is named. Before Nvidia, she spent nearly 25 years in finance at companies including Cisco (CSCO) and Microsoft (MSFT). The board said it will consider internal and external candidates. It also appointed Harvey C. Jones, a former CEO and executive chairman of Synopsys, as its first-ever chair. Jones said the board expects operations, customer commitments and the product roadmap to continue without interruption.

The change lands days before Nvidia's results for the third quarter of fiscal 2027, which the company said will be released on November 17 as scheduled. Those results will be the first under interim leadership. Huang, who led Nvidia for 33 years, owns about 3.6% of the company.

Read original at Yahoo Finance News

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