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TL;DR
Nvidia’s board says it is selecting a search firm and has not formally engaged any potential CEO candidates. CFO Colette Kress is interim CEO while the board considers internal and external candidates; no public timetable for a permanent appointment has been given.
Nvidia’s board is still selecting a search firm to find a permanent chief executive and has not formally engaged any candidates, the company said Friday. The update follows the resignation of founder Jensen Huang and leaves CFO Colette Kress as interim CEO, with no public timetable for choosing a successor.
In a statement to CNBC, also reported by Reuters, Nvidia’s board said: “We are in the process of selecting a search firm for the Nvidia CEO role.” It added that it had not formally engaged potential candidates and said speculation about individual names was premature. Nvidia’s November 12 press release says the board will consider candidates from both inside and outside the company.
Kress will remain chief financial officer while serving as interim CEO, “until a permanent successor has been named,” Nvidia said. A Form 8-K filed by the company says the board appointed her during the search. Harvey C. Jones became board chair on November 12; Nvidia described him as its first-ever chair and said he has served as a director since 1993.
Several names have appeared in public reporting and political commentary, but none has been confirmed as a candidate by Nvidia. The Financial Times reported that the board approached Arm CEO Rene Haas, citing people familiar with the matter. Reuters said it could not independently verify the report, and Arm declined to comment. President Donald Trump separately suggested Apple Executive Chairman Tim Cook in a Truth Social post. Nvidia has not announced that either person is under consideration.
Nvidia CEO succession · Nov 11–18, 2026
From resignation to a search with no candidate on record
What Nvidia has confirmed, what is only reported or suggested, and the next dates.
Where the search stands (schematic)
- Resignation acceptedNov 11, per Nvidia’s 8-K
- Interim leadershipKress is interim CEO and stays CFO; Jones is the first Chair
- Search firmBeing selected, the board said on Nov 13
- CandidatesNone formally engaged, per the board; names so far are only reported or suggested
- Permanent CEONo timeline given
donein progress or reportedopen
Step by step, with the source for each
- Nov 11Nvidia, 8-K: the board accepts Huang’s resignation as President, CEO and director
- Nov 12Nvidia: Kress interim CEO and still CFO; Jones first-ever Chair; search for internal and external candidates
- Nov 12Suggested: Trump on Truth Social names Apple’s Tim Cook, as quoted by Fox Business and Reuters
- Nov 12Staff email: Kress announces a company meeting, as published by CNBC
- Nov 13Reported: the FT says the board approached Arm CEO Rene Haas, via Reuters. Arm: no comment
- Nov 13Board, to CNBC: “in the process of selecting a search firm”
- Nov 17Nvidia: third-quarter results at about 1:20 p.m. PT, call at 2 p.m. PT
- Nov 18Staff email: company meeting at 9 a.m. PT
Sources: Nvidia newsroom, “NVIDIA Announces CEO Transition” (Nov 12, 2026); Nvidia Form 8-K filed Nov 12, 2026 (SEC EDGAR); board statement to CNBC and Kress’s email to staff as published by CNBC (Nov 12 and 13, 2026); Financial Times report as published by Reuters (Nov 13, 2026); Trump’s Truth Social post as quoted by Fox Business and Reuters (Nov 12, 2026). The track is a schematic, not an official Nvidia process.
Animation: Powered by Thorsten Meyer AI
Leadership During Nvidia’s CEO Search
The interim arrangement gives Nvidia a named executive leader while the board works through a search, but the company has not yet disclosed how long that process may take or how it will assess candidates. The appointment matters to employees, customers, suppliers and business partners who need to know whether operations and product plans will continue during the leadership change.
Nvidia has said its operations, customer commitments and product roadmap will continue without interruption. That is the company’s stated position; the available material does not describe any change to those plans or provide independent confirmation of future performance. The board’s choice will also shape how leadership is divided between the CEO, the chair and the wider executive team after Huang’s departure.
Some analysts expect a move toward a more institutional leadership structure rather than Huang’s highly hands-on approach, Reuters reported. That is an interpretation, not a decision announced by Nvidia. Until the board identifies a permanent CEO and explains the role’s scope, the company’s future leadership model remains unsettled.
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Interim Roles and Search Status
Nvidia’s November 12 announcement established two leadership changes: Kress became interim CEO, and Jones became chair. Kress has been Nvidia’s CFO since September 2013, according to the company’s release. Jones has served on the board since 1993 and has been managing partner of Square Wave Ventures since 2004, the company’s filing says.
In an email to employees published by CNBC, Jones said Kress would lead the company while the board searched for a permanent successor, considering both internal and external candidates. Kress said employees would hear more from leadership and announced a company meeting for November 18 at 9 a.m. Pacific time.
Nvidia’s third-quarter results are scheduled for November 17 at about 1:20 p.m. Pacific time, followed by an earnings call at 2 p.m., according to the company. Those dates were already scheduled, Nvidia said. The timing means the results and call are due before the employee meeting, but the source material does not establish what the company will say about the search at either event.
There is a difference between the latest board statement and an earlier report. TechCrunch wrote on November 11, citing Bloomberg, that Nvidia was working with an outside firm to identify possible replacements for Huang. The board later said it was still selecting a search firm. The available reporting does not explain that discrepancy; an initial review of names and a formal search engagement could be separate steps, but Nvidia has not confirmed that explanation.
““We are in the process of selecting a search firm for the Nvidia CEO role.””
— Nvidia’s board, in a statement reported by CNBC and Reuters
Candidates and Search Timeline Remain Open
Nvidia has not named a permanent CEO candidate or published a deadline for completing the search. Its board says it has not formally engaged any potential candidates, and its statement does not identify the search firms it is considering or explain when one will be selected.
The reported approach to Arm CEO Rene Haas remains unverified by Reuters, and Nvidia has not confirmed it. Trump’s suggestion of Tim Cook is a public recommendation, not evidence that the board has approached him. It is also unclear whether any internal executives have been assessed or what criteria the board will use.
The source material records an earlier report that Nvidia was working with an outside firm, followed by the board’s statement that it was still selecting one. The company has not explained whether those reports refer to different stages of the process. The status of the search could change, but no further filing or formal candidate announcement is identified in the supplied material.
Earnings and Employee Meeting Ahead
The next scheduled public company milestone is Nvidia’s third-quarter results on November 17, expected at about 1:20 p.m. Pacific time, with an earnings call at 2 p.m. The company has said the release will proceed as previously scheduled. The materials provided do not say whether the board or Kress will discuss the CEO search during the call.
Kress has told employees that a company meeting is set for November 18 at 9 a.m. Pacific time. After those events, readers will be watching for the board to announce its selected search firm, explain the process, or provide a timetable. Until Nvidia makes such an announcement, Kress remains interim CEO and the permanent appointment remains undecided.
Key Questions
Who is running Nvidia while it searches for a CEO?
Colette Kress is interim CEO and will continue as CFO until a permanent successor is named, according to Nvidia’s November 12 announcement.
Has Nvidia hired a search firm?
The board said Friday that it was in the process of selecting a search firm. It did not name a firm in the statement reported by CNBC and Reuters.
Are Rene Haas or Tim Cook confirmed candidates?
No. The Financial Times reported an approach to Haas, but Reuters said it could not independently verify the report. Trump suggested Cook publicly, but Nvidia has not said that Cook is a candidate. The board called speculation about individual candidates premature.
When will Nvidia appoint a permanent CEO?
Nvidia has given no public timetable for a permanent appointment. The company has scheduled third-quarter results for November 17 and an employee meeting for November 18, but has not said either event will produce a search update.
Source: ThorstenMeyerAI.com
