AI news · Nvidia · Leadership
Nvidia board says it has not formally engaged CEO candidates
Huang left as chief executive on 12 November 2026 after reports of extramarital affairs; interim CEO Colette Kress runs Nvidia while the board picks a search firm.
Nvidia is looking for a new chief executive. Jensen Huang, its co-founder, resigned as president, CEO and board member with immediate effect on Thursday 12 November 2026, Nvidia announced. Colette Kress, its finance chief since 2013, is interim CEO and keeps the finance job. The board now has a chair for the first time: Harvey C. Jones, who once ran Synopsys.
Huang’s exit followed reports of two extramarital affairs, The Verge says: one with an Nvidia executive who reported to him, the other with a woman alleged to be a Chinese spy. TechCrunch has since cited Reuters reporting a third affair. His resignation letter was accepted at a board meeting late on Wednesday night.
On Friday the board told CNBC it was still choosing a search firm and had “not formally engaged any potential candidates”. It will look at internal and external names, its announcement says.
Renting Nvidia’s cards got dearer the same week. On 13 November 2026 Runpod raised its Secure Cloud rate for an RTX 5090 from $1.19 to $1.39 an hour, and for an H100 SXM from $3.99 to $4.39 (our cloud GPU prices).
Nvidia’s board expects its product roadmap to continue without interruption, so for a team renting a 5090 to make AI video, this week’s change on the bill is Runpod’s 17% rise.
Sources
- Nvidia: NVIDIA Announces CEO Transition. Checked
- The Verge: Nvidia CEO Jensen Huang resigns amid spy, affair scandals. Checked
- CNBC: Nvidia board: We have not formally engaged any potential candidates for Nvidia CEO role. Checked
Alexandre S.
Alexandre S. is a creative ad strategist and copywriter with ten years' experience in digital marketing across multiple channels.
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