Meet Colette Kress, the finance chief steering Nvidia through its first CEO transition

Detailed summary

Colette Kress, Nvidia's finance chief, replaces Jensen Huang as interim CEO after his resignation following a the board opening an investigation.

Nvidia's longtime finance chief Colette Kress has been named interim CEO as a widening scandal brings Jensen Huang's 33-year tenure to an end. Kress's appointment on Thursday follows Huang's resignation, which the board said was effective immediately. The board said it is initiating a search for a permanent CEO and will "consider internal and external candidates." Nvidia's share price dropped 10% in premarket trading following the announcement. Huang stepped down after Nvidia's board opened an investigation into whether he was the target of a "foreign intelligence effort." He also admitted to being unfaithful to his wife in a memo.

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