Nvidia: These managers are considered potential successors to Jensen Huang
CFO Colette Kress will be the interim boss
Quick Look
- Nvidia founder Jensen Huang has resigned as CEO after two extramarital affairs emerged, including suspected an affair with a suspected Chinese spy.
- Chief Financial Officer Colette Kress is taking over on an interim basis.
AI-generated summary
Why It Matters
Jensen Huang is considered a defining manager of the global AI boom and was seen as irreplaceable. There was officially no succession plan.
Düsseldorf, Munich. Jensen Huang resigned as head of chip company Nvidia on Thursday. The background is the manager's two extramarital relationships. He had already admitted to having an affair over the weekend, although not with whom. The suspicion is that Huang got involved with a suspected Chinese spy. On Wednesday, the New York Times reported on another alleged affair with an employee.
Huang is considered one of the influential managers of the global AI boom. Officially, there has so far been no succession plan for the boss, who is actually considered irreplaceable. The previous CFO, Colette Kress, will take over as interim boss. However, it is still unclear whether she will take on the position in the long term. Nvidia said it was looking internally and externally for a permanent CEO. These names are traded.
Colette Kress is Nvidia's chief financial officer and has been with the company for 13 years. She previously worked in finance roles at Cisco and Microsoft. As Executive Vice President, she accompanies Jensen Huang on every quarterly report and is considered the company's trusted voice on Wall Street.
What to Watch
AI outlook — possibilities, not facts
Nvidia will name a permanent CEO within weeks
Likely · Within weeks
Open Questions
- Who will take over the CEO position in the long term?
- What impact does the resignation have on Nvidia's strategy?
- Are the suspicions of an affair with a suspected spy confirmed?
