Who Is Colette Kress? The Woman Taking Charge Of Nvidia After Jensen Huang's Exit

Nvidia is facing a major leadership transition following the resignation of its co-founder and long-serving CEO, Jensen Huang. As reports surrounding Huang's alleged links to a Chinese spy intensified, the controversy drew increased attention to the company.

Nvidia had earlier expressed confidence in its chief executive, but Huang has now stepped down from his position. Following the announcement, Nvidia confirmed that its Chief Financial Officer (CFO), Colette Kress, would take over as interim CEO.

The company has also indicated that it will look for a permanent successor. Here's what to know about Kress, who will temporarily lead the AI giant. Colette Kress has been Nvidia's Executive Vice President and Chief Financial Officer since September 2013, when she joined the company.

Before moving to Nvidia, she spent nearly 25 years in senior finance roles at several major technology companies. Kress previously served as Senior Vice President and CFO at Cisco for nearly three years, overseeing various businesses, engineering and financial operations.

Before that, she spent nearly 13 years at Microsoft, including four years as CFO of the company's Server and Tools division. According to Reuters, Kress said she would build on the strong foundation established by former CEO Jensen Huang after being appointed interim chief executive.

She said Nvidia's strength lay in its employees and that the team would work together to take the company forward. Kress also highlighted her priority of building on the position Nvidia had established under Huang's leadership over the past 33 years.

She added that the company would continue its work in accelerated computing and artificial intelligence (AI), while seeking to make the most of emerging business opportunities. Kress said Nvidia would remain focused on delivering for its customers, business partners, developers and shareholders.

Jensen Huang resigned as CEO following intensified controversy surrounding his alleged links to a Chinese spy. Nvidia had initially expressed confidence in him before his stepping down. Nvidia's Chief Financial Officer, Colette Kress, has taken over as interim CEO.

The company is also searching for a permanent successor to Jensen Huang. Colette Kress has been Nvidia's EVP and CFO since September 2013. She previously held senior finance roles at Cisco for three years and Microsoft for nearly 13 years.

Kress aims to build on Huang's foundation, focusing on employees, accelerated computing, and AI. She will also seek to maximize emerging business opportunities and deliver for all stakeholders. Sagarika Chakraborty is a Senior Copy Editor at ABP Live English, where she handles business coverage and key developments in general news, while also actively chasing breaking stories.

With a foundation in advertising, she transitioned into journalism to craft in-depth stories and explainers on the economy, real estate, and personal finance. She also engages in interviews and podcasts, bringing out expert insights.

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