Colette Kress Named Interim CEO of Nvidia

In depth

Colette Kress was named interim CEO of Nvidia in place of Jensen Huang, who was removed from his position over reports of extramarital romantic relationships. Kress, 59, has served as the company's CFO since 2013, and previously held senior positions at Microsoft and Cisco.

During Kress's tenure, Nvidia's revenues rose from $4 billion to more than $215 billion. Her wealth is estimated at about $750 million, and she is ranked among the richest women in the United States.

Nvidia's board is searching for a permanent CEO, and the company is also considering internal candidates. The approach to Rene Haas, CEO of Arm, has not yet matured into an offer. Haas worked at Nvidia for about seven years and has managed Arm since 2022. In parallel, an independent review of Huang's conduct is ongoing.