Colette Kress, Nvidia’s longtime finance chief, has been named interim CEO after Jensen Huang stepped down with immediate effect, bringing his 33-year tenure at the company to an end amid a widening scandal. Huang stepped down as president, CEO and board member following revelations that he had two extramarital affairs, one of which involved a woman accused of spying for China .
Colette Kress has served as Nvidia’s Executive Vice President and Chief Financial Officer (CFO) since joining the company in September 2013.
The company’s board said it has initiated a search for a permanent CEO and will consider both internal and external candidates. During her tenure, she has led the company’s finance organisation and played a key role in its growth and evolution, according to a press release announcing Jensen Huang’s resignation. Kress’s appointment was announced on Thursday, following Huang’s resignation.
