NVIDIA interim CEO: “These are extremely difficult times”… Convening a company-wide meeting

After Jensen Huang stepped down from his position, CFO Colette Kress, who took over as Nvidia's interim CEO, sent a message to employees and began to reorganize the organization.

“We recognize that this is an extremely difficult time,” Interim CEO Kress said in an email sent to employees across the company on the 12th (local time), CNN reported.

He continued, "The company was able to achieve its current level of performance thanks to the work you all do every day," and encouraged, "You are our greatest strength."

“You will hear more from management about our joint future in the next few days,” he said, foreshadowing follow-up measures, including the appointment of the next CEO and the company’s leadership.

It was also announced that a company-wide meeting will be held at 9 a.m. (Western U.S. time) on the 18th.

This day is the day after Nvidia's fiscal third quarter (August-October) performance announcement scheduled for the 17th, and it appears that the company is trying to quickly normalize the organization by putting out the urgent fire of earnings announcement and discussing the company's future plans with members.

Interim CEO Kress concluded his message by urging employees, "We are playing a pivotal role in building the technology that will lead the artificial intelligence (AI) revolution, and important tasks lie ahead of us. Let us move forward with the determination and dedication that has always defined this company."

CEO Kress's message came about an hour after the board appointed him as interim CEO.

He joined NVIDIA in 2013 and is a veteran finance official who held finance-related positions at Cisco and Microsoft (MS). He is considered to have played a key role in growing NVIDIA into a global AI semiconductor company along with former CEO Hwang.