Nvidia CEO Jensen Huang resigns amid scandal; CFO Colette Kress named interim CEO
Nvidia's long-standing CEO and co-founder, Jensen Huang, has abruptly resigned following reports of affairs with an alleged Chinese spy and a direct report. This marks a significant leadership change for the $3.8 trillion company pivotal to the AI industry. Interim CEO Colette Kress, Nvidia's CFO since 2013 with a strong background at Cisco and Microsoft, will lead the company during the transition. Kress is a seasoned executive with a finance degree and an MBA, known for her presence on Nvidia's earnings calls and recognized as one of America's richest self-made women. The company plans to disclose more information about its strategy under Kress in the upcoming quarterly earnings report.
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Nvidia CEO Jensen Huang resigns amid scandal; CFO Colette Kress named interim CEO
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Nvidia's long-standing CEO and co-founder, Jensen Huang, has abruptly resigned following reports of affairs with an alleged Chinese spy and a direct report. This marks a significant leadership change for the $3.8 trillion company pivotal to the AI industry. Interim CEO Colette Kress, Nvidia's CFO since 2013 with a strong background at Cisco and Microsoft, will lead the company during the transition. Kress is a seasoned executive with a finance degree and an MBA, known for her presence on Nvidia's earnings calls and recognized as one of America's richest self-made women. The company plans to disclose more information about its strategy under Kress in the upcoming quarterly earnings report.