The Nvidia Board of Directors announced on Thursday morning that the company’s co-founder and CEO of 33 years, Jensen Huang, has resigned as President, CEO, and member of the Board, effective immediately.
This is a shocking twist for one of the most valuable companies in the world, which designs the chips that make the AI boom possible. Few people would have predicted this turn of events even just a week ago, as Huang has been so central to Nvidia through out the company’s existence that he never even established a succession plan. But Huang has now been ousted after reports that he had affairs with both an alleged Chinese spy and one of his direct reports at Nvidia.
While the company conducts a more thorough search for Huang’s successor, Nvidia CFO and Executive Vice President Colette Kress has taken over as interim CEO. But beyond her name and job title, what do we know about the person who will now lead a company worth about $3.8 trillion?
According to Nvidia’s website, Kress has worked at the company since September 2013. Before that, she spent three years as an SVP and CFO of Cisco’s Business Technology Operations Finance organization. She also worked at Microsoft for 13 years, where she spent four years as CFO of the Server and Tools division.
