Nvidia Names CFO Colette Kress Interim CEO After Jensen Huang Resigns
Photo: NBC NewsNvidia named chief financial officer Colette Kress, 59, interim chief executive on Thursday after co-founder Jensen Huang resigned following 33 years leading the company. Nvidia said Kress will keep her CFO and executive vice president roles while the company searches for a permanent CEO. Huang's departure followed revelations of extramarital relationships with an alleged Chinese spy and with one of his own reports. Kress joined Nvidia in September 2013 after finance roles at Cisco and Microsoft and has helped steer it from a gaming-chip maker to a central player in artificial intelligence. In an email to staff, she acknowledged an extraordinarily difficult period for the company. Board chair Harvey Jones also emailed employees, calling her a key architect of Nvidia's growth and capital strategy and saying the board has full confidence in her. Nvidia will hold a company meeting on November 18 at 9am PST.
The New York Post leads with Huang resigning over his affair with an alleged Chinese spy, then gives a profile of Kress built on the company statement, her age, her time at Cisco and Microsoft, a 2023 Globes interview in which she said her sons' love of video games drew her to Nvidia, and analyst comments to Reuters on her CFO predecessors. NBC News frames the story as Kress being asked to lead through one of the company's most turbulent moments, mentions both relationships, and features her statements and a former Cisco colleague's praise. Both profile her career and agree on the basic facts. They differ in the weight placed on the scandal and in tone. CNBC, in a distinct angle, reports the internal emails from Kress and Jones and the meeting date. NewsNation offers only a brief profile.
How the sides differ Right sources lead with Huang's affair and Kress's career details; left sources stress her role in a turbulent moment; alternative sources show internal emails.
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NBC News profiles Kress as she takes over in a turbulent moment, citing her 13 years at Nvidia, her statements to staff, a former Cisco colleague, and both relationships tied to Huang's exit.
- NewsNationWho is interim Nvidia CEO Colette Kress?
- SemaforNvidia board prepares to oust CEO, name interim chief
CNBC reports on internal emails from Kress and board chair Harvey Jones, obtained from a source, including the November 18 company meeting; NewsNation runs a short profile of Kress.
The New York Post leads with Huang resigning over an affair with an alleged Chinese spy, then details Kress's retained roles, career, Globes interview and analysts' comments on earlier CFO changes.