Nvidia CFO Colette Kress is reportedly assuming control of the world’s most valuable chipmaker as interim CEO following the sudden resignation of Jensen Huang.
Kress joined Nvidia in September 2013 after holding finance leadership roles at Cisco, Microsoft, and Texas Instruments. Since joining, she has served as Executive Vice President and Chief Financial Officer, where she directed the finance division and played an instrumental role in the company's development. She has also been a prominent voice during earnings calls, delivering reports and answering analyst questions alongside Huang.
In a statement released on Thursday, Kress said, “NVIDIA’s strength has always come from its people, and together with our leadership team, I am committed to building on the extraordinary foundation Jensen created over the last 33 years.” She added, “We will continue advancing the work that has made NVIDIA a leader in accelerated computing and AI, and execute on the opportunities ahead. Our focus remains on serving our customers, partners, developers and shareholders.”
Kress is stepping in during a moment of crisis, as Huang served as the face of the company and a founder familiar with market demands. According to the report, Kress deeply understands the business and has shown an unwavering commitment to the organization. Before her tenure at Nvidia, she gained roughly a quarter-century of corporate finance experience at major tech firms.
