Nvidia CFO Colette Kress Named Interim CEO After Jensen Huang Resigns
Nvidia announced that Jensen Huang has resigned as president, CEO and board member, with EVP and CFO Colette Kress appointed interim CEO while retaining her finance role. The board has launched a formal CEO search covering both internal and external candidates, a succession that will shape strategy at the central supplier of AI compute.
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IT之家 November 12 news: After Jensen Huang resigned from his positions as President, Chief Executive Officer, and member of the Board of Directors, NVIDIA appointed Executive Vice President and Chief Financial Officer Colette Kress as Interim Chief Executive Officer.
NVIDIA's Board of Directors announced today that Colette Kress, currently NVIDIA's Executive Vice President and Chief Financial Officer, has agreed to serve as Interim Chief Executive Officer.
Until a permanent successor is determined, Kress will continue to serve as Executive Vice President and Chief Financial Officer while carrying out the duties of Chief Executive Officer. The Board has now initiated the search for a permanent Chief Executive Officer and will consider both internal and external candidates.
IT之家 note: Kress holds a Bachelor of Science degree in Finance from the University of Arizona and a Master of Business Administration (MBA) from Southern Methodist University. Since joining NVIDIA in September 2013, Kress has served as Executive Vice President and Chief Financial Officer.
NVIDIA stated that during her tenure, she has led the company's finance organization comprehensively and has played a key role in NVIDIA's business growth and evolution.
Kress previously served for three years as Senior Vice President and Chief Financial Officer of Cisco's Business Technology and Operations Finance organization, where she was responsible for financial strategy development, planning, reporting, and business development across all business units, engineering, and operations.
Earlier, Kress worked at Microsoft Corporation for 13 years, including four years as Chief Financial Officer of the Server and Tools Division, and also held senior roles in corporate planning and finance. Prior to that, Kress held several finance positions at Texas Instruments.
