Colette Kress Joined Nvidia in 2013 When It Made $4 Billion a Year. She Now Runs a Company That Made $216 Billion, and Her First Job Is Stopping the Slide

Résumé détaillé

Colette Kress, Nvidia's CFO since 2013, became interim CEO after Jensen Huang resigned. Revenue grew from $4.13 billion to $216 billion on her watch; Nvidia was at $161.84 at 9:42 AM ET, 13.3% below its November 6 close.

In September 2013, Nvidia (NASDAQ: NVDA) hired a new chief financial officer from Cisco. Nvidia was a graphics chip company then, with $4.13 billion of revenue in the fiscal year that ended that January. On Thursday morning, Colette Kress became its interim chief executive.

Nvidia announced at 8:47 AM ET that Jensen Huang had resigned as president, CEO and a member of the board, effective immediately, after reports of two relationships, one with a woman U.S. officials suspect of spying for China. We covered the announcement and what history says about companies left without a permanent CEO here. Kress will keep her job as CFO while she runs the company, and the board is searching inside and outside Nvidia for a permanent CEO.

Nvidia opened Thursday at $151.01 and fell as low as $148.80, about $2.18 trillion below its October 6 record value, before rebounding. Nvidia was at $161.84 at 9:42 AM ET, down 6.8% from Wednesday's close and 13.3% since November 6, about $1.87 trillion of market value below its October 6 record.

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Kress spent nearly 25 years in finance before Nvidia, according to the company. Its annual report lists her path: a series of finance jobs at Texas Instruments, then Microsoft, where she became CFO of the Server and Tools division in 2006, then Cisco, where she was senior vice president and CFO of its Business Technology and Operations Finance organization. She holds a finance degree from the University of Arizona and an MBA from Southern Methodist University.

At Nvidia she has run the finance organization for 13 years and delivered the financial commentary on its quarterly earnings calls, the executive who walks Wall Street through the numbers.

The numbers she reported changed beyond…

The…

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