5 Shocking Facts About Colette Kress, Nvidia’s New Interim CEO
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Jensen Huang has resigned as Nvidia CEO amid allegations involving a suspected Chinese spy. Chief Financial Officer Colette Kress has taken over as interim CEO while the company searches for a permanent replacement. Kress has spent 13 years managing Nvidia’s finances. Her history stretches from Microsoft’s early cloud expansion to lawsuits over crypto revenue and insider stock sales. 1. Kress Was Named in Nvidia’s $5.5 Million Crypto Scandal During the 2017 crypto boom, miners bought gaming GPUs in huge numbers. In 2022, the SEC fined Nvidia $5.5 million for failing to disclose mining’s role in revenue growth. Separately, shareholders accused Kress of misleading investors about that demand.
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