Nvidia Names Colette Kress Interim CEO After Huang’s Resignation

According to The Wall Street Journal, Huang interrupted a presentation by Kress, Nvidia’s chief financial officer, and said she was better suited to reporting numbers than helping shape strategy. The appointment puts her in the role held by the executive who had publicly questioned her abilities.

Kress had reportedly raised concerns about Nvidia financing billions of dollars in chip purchases for customers unable to afford them, including deals led by Huang’s son-in-law. She also cut the company’s initial commitment to a major OpenAI data center deal by half.

In a memo to staff, Kress praised Huang and said she would keep “building on the extraordinary foundation Jensen created.”