Who is Colette Kress, Nvidia's New Interim CEO? Finance Veteran Takes Over After Jensen Huang's Resignation.

Detailed summary

Kress has been appointed to lead Nvidia temporarily following Huang's departure. The AI chipmaker is already searching for a permanent successor.

Nvidia has named longtime Chief Financial Officer Colette Kress as its interim CEO following the resignation of Jensen Huang, placing a veteran finance executive in charge of the artificial intelligence chipmaker after more than three decades under its co-founder.

In an official announcement Thursday, Nvidia confirmed that Huang had resigned as president, CEO and a member of its board, effective immediately. Kress will continue serving as executive vice president and CFO while leading the company on an interim basis until a permanent successor is appointed.

The board also appointed Harvey C. Jones, a longtime director and former Synopsys executive, as Nvidia's first chairman. The company said it had begun searching for a permanent CEO and would consider candidates from both inside and outside Nvidia.

The leadership change follows days of uncertainty over Huang's future and a board investigation into allegations involving his personal relationships and suspected Chinese intelligence connections. Nvidia previously said it had no reason to believe company secrets or national security had been compromised.

Kress, 59, has served as Nvidia's executive vice president and chief financial officer since September 2013, overseeing its finances during a period that transformed the company from a major graphics chip manufacturer into one of the world's most valuable technology businesses.

Before joining Nvidia, she spent nearly 25 years in financial management roles at Microsoft, Cisco Systems and Texas Instruments, building experience across enterprise software, networking and semiconductor businesses.

According to her official Nvidia biography, Kress previously spent three years as senior vice president and chief financial officer of Cisco's Business Technology and Operations Finance organization, where her responsibilities included financial strategy, planning, reporting and business development.

Before Cisco, she worked at Microsoft for 13 years, including four years as chief…

Kress…

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