Colette Kress Takes Over as Nvidia Interim CEO After Jensen Huang Resigns

Colette Kress, Nvidia's chief financial officer, was named interim CEO on Thursday after Jensen Huang resigned, following his admission of an affair with a woman U.S. intelligence believes is a Chinese spy. She will lead the company until a permanent successor is found. Kress, who joined Nvidia in 2013, will retain her CFO role while the board searches for a permanent CEO, considering both internal and external candidates. The board expressed full confidence in her leadership, expecting operations and product roadmaps to continue without interruption, and a companywide meeting is set for Nov. 18. Kress, 59, takes over a company tightly controlled by Huang, who co-founded it in 1993 and grew it from a niche gaming chip maker into a dominant force with an estimated 90 percent share of the AI chip market. Her appointment marks an uncertain chapter for the company.