From Engadget · Igor Bonifacic · · 1m 50s
Colette Kress takes NVIDIA helm after Jensen Huang resigns
NVIDIA's CFO becomes interim CEO after 33 years under founder Jensen Huang, who resigned following affairs with a Chinese intelligence asset and an NVIDIA executive.
In brief
NVIDIA's CFO becomes interim CEO after 33 years under founder Jensen Huang, who resigned following affairs with a Chinese intelligence asset and an NVIDIA executive. NVIDIA's board named CFO Colette Kress interim CEO after founder Jensen Huang resigned following revelations of affairs with a former tech executive…
Huang steps down after 33 years
Jensen Huang has resigned as NVIDIA's chief executive officer after founding and leading the AI and gaming giant for thirty-three years.
Huang's affairs trigger board investigation
Huang's resignation comes days after NVIDIA's board said it would investigate him for admitting to an affair with a former tech executive accused of being a Chinese intelligence asset.
No succession plan was in place
Before the revelations about Huang's affairs, NVIDIA did not have a succession plan in place. The company now faces an immediate leadership transition at a tumultuous time in its history.
Kress brings 25 years of finance experience
Kress spent eight years in finance at Texas Instruments, then joined Microsoft in nineteen ninety-seven.
Huang recruited Kress with AI vision
Huang personally recruited Kress to NVIDIA in two thousand thirteen by sketching his vision for the company on a whiteboard.
NVIDIA's revenue exploded under Kress
When Kress joined NVIDIA in two thousand thirteen, the company's annual revenue was four point two eight billion dollars.In fiscal two thousand twenty-six, NVIDIA recorded record revenue of two hundred fifteen point nine billion dollars.
Board will search for permanent CEO
NVIDIA's board said it will consider both internal and external candidates for the permanent CEO role, leaving the door open for Kress and other current employees.
The main idea
NVIDIA's board named CFO Colette Kress interim CEO after founder Jensen Huang resigned following revelations of affairs with a former tech executive accused of being a Chinese intelligence asset and an NVIDIA executive who reported to him.
