Nvidia Names Colette Kress Interim CEO After Jensen Huang Steps Down

At a glance

Nvidia's board has named Colette Kress interim chief executive after Jensen Huang stepped down. Kress has long handled the company's finances and relations with investors.

Key points

1. 1

   Kress is the chief financial officer who has mainly handled finances and earnings reports.

2. 2

   The new board chair said she understands the company's business and finances deeply.

3. 3

   Industry experts called her the logical choice because investors trust her and she knows the product plans well.

4. 4

   The board also reportedly started an independent investigation into Huang's activities.

Why it matters

The top leadership change at the world's largest AI chipmaker could affect the company's direction and how investors react.

Also reported by

• The VergeNvidia CEO Jensen Huang resigns amid spy, affair scandals
• BBC NewsNvidia's CEO was the rock star of AI before his dramatic unravelling