NVIDIA's 58-year-old CFO Colette Kress has assumed the position of interim CEO. She has spent over 13 years at NVIDIA and previously worked at Microsoft for 13 years.
15 minutes ago
NVIDIA's board of directors announced today that co-founder Jensen Huang has resigned from his roles as president, chief executive officer, and director, effective immediately. Current executive vice president and chief financial officer Colette Kress will take over as interim CEO, while retaining her CFO position and overseeing the company’s management. The board has launched a search process for a new permanent CEO, and will consider both internal and external candidates. The 58-year-old joined NVIDIA in September 2013, marking over 13 years with the company, and is one of the core management members who have accompanied NVIDIA’s growth from a graphics chip manufacturer to a global AI chip giant. During her tenure, NVIDIA’s annual revenue rose from approximately $4.1 billion in fiscal 2013 to $215.9 billion in fiscal 2026. Prior to joining NVIDIA, Kress worked at Cisco for three years, spent 13 years at Microsoft where she served as finance head for the Server and Tools Business, and held an 8-year tenure at Texas Instruments. She has long overseen NVIDIA’s financial strategy, capital allocation, earnings disclosure, and investor relations, acting as a key representative for the company’s communications with Wall Street, and has participated in multiple quarterly earnings conference calls.
NVIDIA falls 13% in pre-market trading
4 minutes ago
NVIDIA's interim CEO: To hold a company-wide all-staff meeting at 1:00 on November 19.
4 minutes ago
US stock market opens with mixed performance across the three major indices; NVIDIA falls 13.39%.
4 minutes ago
NVIDIA's market capitalization falls below $4 trillion, marking the first time since July 2025.
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