Home
Ai
Ai News
Meet Colette Kress: The CFO Replacing Nvidia's Jensen Huang

Meet Colette Kress: The CFO Replacing Nvidia's Jensen Huang

Nvidia is reportedly considering Apple’s Johny Srouji for the tech giant’s next full-time CEO.

Written by Dhruv Raghav, Edited by Ketan Pratap | Updated: 13 November 2026 08:49 IST

Meet Colette Kress: The CFO Replacing Nvidia's Jensen Huang

Photo Credit: Reuters

Jensen Huang founded Nvidia in 1993

Click Here to Add Gadgets360 As A Trusted Source

Highlights

Harvey C. Jones has been appointed as the Chair of Nvidia’s Board
Colette Kress has been given additional charge of Nvidia’s Interim CEO
Colette Kress will continue to serve as Nvidia’s CFO

Jensen Huang has resigned as Nvidia's Chief Executive Officer (CEO), President, and member of Nvidia's Board of Directors, effective immediately, the company announced. The Taiwanese-American tech executive has quit the position 33 years after he founded the chipmaker. Huang was caught in the eye of the storm over the past week, with allegations of misconduct and falling prey to an espionage scandal surfaced. Nvidia's Board of Directors has appointed the company's Chief Financial Officer (CFO) as the interim CEO, while also launching the search for the next chief executive. On top of this, the tech giant has also appointed its first Chairman of the Board of Directors.

Colette Kress Takes Charge as Interim CEO Effective Immediately

In a press release on Thursday, Nvidia's Board of Directors announced that Huang has tendered his resignation from all positions he held at the chipmaker, including CEO and President, while also vacating his seat on Nvidia's Board of Directors. The transition is effective immediately. The Board has appointed Colette Kress as the Interim CEO of Nvidia, while launching a hunt for the next full-time CEO. The new Nvidia interim CEO will continue to serve in her current roles, with additional charge of the company's day-to-day management.

Nvidia Discussion

Explore More...

Kress joined Nvidia 13 years ago, in September 2013, as the Executive Vice President and CFO. Before joining Nvidia, she served as Cisco's Senior Vice President and CFO, Business Technology and Operations Finance, from November 2010 to September 2013. Kress also served as the Corporate Vice President of Microsoft for about five years, from April 2006 to November 2010. She earned her Master's in Business Administration (MBA) in Finance from SMU Cox School of Business, graduating in 1996.

OpenAI Brings API Inference Residency to India

Apart from this, Nvidia's Board of Directors has appointed its “first-ever” Chairman. Harvey C. Jones has been an entrepreneur, technology executive, and an active venture investor with a combined experience of 30 years. Jones has also served as the CEO and Executive Chairman of Synopsys. On the appointment of the new interim CEO, Jones said, “Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations, and financial position.”

Nvidia's Next Full-Time CEO Race

The Board of Directors of Nvidia has started looking for a new full-time CEO. According to a Bloomberg report, the Board is considering appointing Johny Srouji, Apple's Senior Vice President, Hardware Technology, for the position.

Srouji has been associated with Apple for more than 18 years, joining the iPhone maker in March 2008 as the Senior Director, Handheld Chips and VLSI. He is popularly regarded as the chief architect of the custom-designed Apple Silicon chips, now used in Macs, iPhone models, iPad models, and other Apple products. His experience in designing chips for Apple could be useful for Nvidia, which has been supplying the server-grade GPUs to AI data centres.

Microsoft Bing’s New Extension Lets Users Turn Off AI Answers

Jensen Huang's Exit and Controversy

Nvidia's management overhaul comes after Nvidia launched an investigation into allegations that Huang could have revealed the company's trade secrets and other information about Nvidia's GPU chip design and technology after falling prey to a honey-trapping incident by an alleged Chinese spy.

Google’s Gemini Decision 1 Model Can Answer 1,000 Questions in One Request

Later, reports of Huang inappropriate relations with another company executive also surfaced online. Recently, more reports allege that the former Nvidia executive had a relationship with another unnamed Nvidia employee, making this the third such allegation.

Comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Nvidia, Jensen Huang, Colette Kress

Dhruv Raghav

Email Dhruv Raghav

Dhruv Raghav is currently working as a Senior Sub Editor at Gadgets360. He has previously covered the North American financial markets as a Headline News Correspondent for a major news agency. After taking a sabbatical to prepare for the Civil Services examination, he returned to journalism to cover tech policy, with a special focus on AI laws and online gaming regulation. Now, he is back in Gadgets360 to write features and edit stories. To unwind, he likes to spend time with his PS5, listening ...More