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Nvidia's CFO becomes interim CEO after Huang's exit

Colette Kress, who guided Nvidia from $9 billion to nearly $4 trillion in market value, takes the helm as the chipmaker searches for a permanent leader.

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Nvidia's CFO becomes interim CEO after Huang's exit

Colette Kress, who guided Nvidia from $9 billion to nearly $4 trillion in market value, takes the helm as the chipmaker searches for a permanent leader.

In brief

Colette Kress, who guided Nvidia from $9 billion to nearly $4 trillion in market value, takes the helm as the chipmaker searches for a permanent leader. Nvidia named CFO Colette Kress interim CEO on Thursday after Jensen Huang's resignation, elevating the finance leader who helped build the company into an AI…

Kress named interim CEO

Nvidia EVP and CFO Colette Kress.

Nvidia appointed longtime CFO Colette Kress as interim chief executive on Thursday following the resignation of Jensen Huang, the company's embattled leader.

She never planned to lead

Kress, fifty-nine, was not publicly positioned as Huang's successor. In a rare 2022 interview, she told Fortune that becoming a C-suite leader was never necessarily her career goal.

“I was just always fascinated by somebody else's role.”

Driven by curiosity and learning

Kress said she has been driven by curiosity about other people's jobs and a desire to keep learning.She holds a bachelor's in finance from the University of Arizona and an MBA from Southern Methodist University.

“I just get excited about learning new things.”

From $9 billion to $4 trillion

Since joining Nvidia in September 2013, Kress guided the company's finances through a transformation from video game hardware to an AI chipmaking powerhouse.

Revenue and wealth soared

Nvidia's revenue grew from four point one three billion dollars in fiscal twenty fourteen to one hundred thirty point five billion dollars in fiscal twenty twenty-five.

Wall Street respects her leadership

Kress earned sixteen million dollars in total compensation in fiscal twenty twenty-six and has prioritized talent as Nvidia grew from eight thousand to more than forty thousand employees.

“She is extremely well respected both internally at Nvidia and across the tech industry.”

What to remember

Nvidia named CFO Colette Kress interim CEO on Thursday after Jensen Huang's resignation, elevating the finance leader who helped build the company into an AI powerhouse.

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