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Colette Kress appointed acting CEO of Nvidia

Colette Kress appointed acting CEO of Nvidia

Thairath•Economy•48m ago

Reader Briefing

Nvidia board appoints CFO Colette Kress as acting CEO following the removal of co-founder Jensen Huang.

  • •Jensen Huang was removed from all positions at Nvidia by the board of directors.
  • •Colette Kress, the current CFO, has been appointed as acting CEO.
  • •The board's decision follows reports of Jensen Huang's extramarital affairs with two women.
  • •One of the women is a Chinese businesswoman accused by US authorities of possible links to Chinese intelligence.

Overview

  • •The Nvidia board of directors resolved to remove Jensen Huang from the positions of CEO, Chairman, and Director on November 12.
  • •Colette Kress has been appointed as acting CEO of Nvidia until a permanent replacement is found.
  • •The removal of Jensen Huang resulted from reports of extramarital affairs with two women, including one Chinese businesswoman allegedly linked to Chinese intelligence.
  • •Colette Kress joined Nvidia in September 2013 as Executive Vice President and Chief Financial Officer.
  • •Nvidia's revenue grew from approximately 4,130 million US dollars in Colette Kress's first year to 215,900 million US dollars in fiscal year 2026.
  • •Colette Kress previously held finance roles at Texas Instruments for 8 years, Microsoft from 1997-2010, and Cisco from 2010-2013.
  • •Forbes ranked Colette Kress as the 32nd richest self-made American woman in 2026, with Nvidia shares valued at approximately 750 million US dollars as of November 11.

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Key Entities

Person

Colette Kressℹ️
The CFO and acting CEO of Nvidia who previously worked at Texas Instruments, Microsoft, and Cisco.
Jensen Huangℹ️
The co-founder and former CEO, Chairman, and Director of Nvidia who was removed from his positions.

Organization

Nvidiaℹ️
A technology company transitioning from a graphics chip manufacturer to an AI power.
Texas Instrumentsℹ️
A US technology company where Colette Kress worked in finance for 8 years.
Microsoftℹ️
A US technology company where Colette Kress served as Corporate Vice President between 1997 and 2010.
Ciscoℹ️
A company where Colette Kress was Senior Vice President and CFO of Business Technology and Operations Finance from 2010 to 2013.
University of Arizonaℹ️
The institution where Colette Kress earned her bachelor's degree in finance.
Southern Methodist Universityℹ️
The institution where Colette Kress earned her MBA.
US Securities and Exchange Commission(สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์สหรัฐฯ)ℹ️
The regulatory body to which Nvidia submitted its annual report.
Forbesℹ️
The publication that ranked Colette Kress as the 32nd richest self-made American woman in 2026.