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Who is Colette Kress, Nvidia’s new interim CEO?

Updated 11/13/2026, 4:12:58 AM
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NBCUnited States

Who is Colette Kress, Nvidia’s new interim CEO?

Goldstein: —Tone: —

For 13 years, Colette Kress helped manage the company’s transformation from a graphics-chip maker into the company at the center of the artificial intelligence boom. Now, she’s being asked to lead it through one of the most turbulent moments in its history. Kress, Nvidia’s chief financial officer, was named interim CEO Thursday following the abrupt resignation of Jensen Huang, who co-founded the company and led it for 33 years. Huang’s departure comes amid revelations of extramarital relationships with an alleged Chinese spy and one of his own reports. “We will continue advancing the work that has made Nvidia a leader in accelerated computing and AI, and execute on the opportunities ahead,” Kress said in a press release. “Our focus remains on serving our customers, partners, developers and shareholders.” “I believe deeply in this company and in its future. More than anything, I believe in each of you, in our customers and partners and in the vital role we play every day in the global economy,” Kress said in an email to staff following her appointment, acknowledging the “extraordinarily difficult period” for the company. Kress joined the company in September 2013 after tenures at Cisco and Microsoft, where she also held finance positions. She has helped see Nvidia through its transition from a video game-focused processor manufacturer to an AI-chip powerhouse. “Having worked with Colette at Cisco, I know she understands what it takes to lead through major market transitions, build strong teams, and execute at scale,” said John Chambers, former Cisco executive chairman and CEO. “Nvidia is at a critical moment, not just for the company, but for the future of AI and America’s technology leadership. I really believe Colette’s ability to step in as interim CEO. She is an amazing leader.” Chambers said that despite the uncertainty a leadership change creates, he does not believe it will fundamentally alter the company’s trajectory. “Every company goes through near death experiences,” Chambers said. “Nvidia is no different. It will be a challenging next year, I think they will continue to be a leading force in the AI landscape.” Kress and Huang worked closely together. Huang long leaned on Kress during financial conferences and the company’s earnings calls to debrief the investing public about the latest developments with the company’s operations. The company’s release noted its planned earnings call will go ahead on Nov. 17. Kress is expected to lead it, five days after taking on the new role. As Nvidia grew its business to focus on AI, Kress has been instrumental in managing financial relationships. Under her watch, the company has invested heavily into the technology sector, including Intel, Nokia and a partnership with OpenAI. In the past, Kress has noted that the inability to sell to China would affect the industry in the long run, a stance echoing Huang’s. “If you are unable to sell products to them, it will have an impact,” she said in an interview to Israeli publication Globes . In a November 2025 earnings call, Kress told investors the company is not expecting data center compute revenue from China. “Sizable purchase orders never materialized in the quarter due to geopolitical issues and the increasingly competitive market in China,” Kress told investors, according to a transcript of the call. “While we were disappointed in the current state that prevents us from shipping more competitive Data Center compute products to China, we are committed to continued engagement with the U.S. and China governments and will continue to advocate for America’s ability to compete around the world.” Kress’ tenure at Nvidia has been lucrative. Bloomberg’s Billionaires Index named her as one of two new Nvidia executives whose net worth exceeded $1 billion last year , largely based on the company stock she holds. Nvidia shares dipped Thursday following the announcement of Huang’s resignation and Kress’ new position. The crisis comes at a pivotal moment for AI development in the U.S. as outfits like Anthropic and OpenAI rely on Nvidia’s dominant chip technology. Kress’ role will be to see the company through the crisis and again cast it as a reliable player in the global markets. That may be difficult, as both investors and lawmakers are probing Nvidia for details of the alleged spy plot. Huang has agreed to brief Congress on his relationship as well as the company’s security protocols. “Jensen Huang’s decision to resign from NVIDIA does not absolve him, other executives, or the company as a whole of responsibility for putting our national security at risk or for any potential violations of our laws,” Sen. Elizabeth Warren, D-Mass., said in a statement Thursday. “They still owe Congress answers.” Jane Lytvynenko is a senior technology reporter for NBC News.

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WIREDUnited States

Meet Colette Kress, Nvidia’s New Interim CEO

Goldstein: 1.0Tone: 50.0CAMEO 04

Nvidia’s CEO and cofounder Jensen Huang is officially out , and longtime chief financial officer Colette Kress is in. The chipmaker’s board of directors announced Thursday that Kress, who joined Nvidia in 2013, has been named interim CEO following Huang’s resignation amid a scandal over his extramarital affair with a Chinese businesswoman believed by US officials to be an asset of China’s Ministry of State Security. Harvey Jones, the newly appointed chair of Nvidia’s board, said in a statement that Kress “has helped lead Nvidia through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position.” He added that Kress will be supported by an “experienced leadership team” and that the board has “full confidence” in her. Kress was among the most obvious candidates to fill the void after Huang’s departure, according to multiple tech executives and industry analysts who follow Nvidia closely, given her long tenure at the company, credibility on Wall Street and across the tech industry, and, perhaps most importantly, her deep familiarity with Nvidia’s business and finances. “She’s extremely strong-willed, professional, and whip-smart. She doesn’t tolerate nonsense. She can be friendly and gracious too,” says a former Nvidia executive who spoke on the condition of anonymity. “She obviously has a keen sense for how Jensen thinks.” “Colette is the logical choice,” says Patrick Moorhead, founder and chief analyst at Moor Insights & Strategies, who has tracked the chip industry for decades. “She has credibility with investors because she answers hard questions directly.” Moorhead says Kress has operated as much more than a “numbers” CFO. “In my conversations with her, she goes deep on the product road map, from rack-scale systems to networking and software,” he says. Nvidia’s board said on Sunday it was launching an independent investigation into Huang’s activities following a report by The New York Times that he had an affair with a woman named Alice Huang, who US officials suspected of being a Chinese intelligence asset. WIRED reported on Monday that Huang quietly hired a crisis communications firm sometime last year to handle matters related to his personal life. By October of 2025, the firm was being looped in on all press inquiries involving Huang at Nvidia, around the same time The New York Times reported that US authorities were investigating whether a company linked to Alice Huang had helped Chinese firms evade US chip export controls through its subsidiaries. While Huang has long been the public face of Nvidia, Kress has been responsible for managing the chipmaker’s relationship with Wall Street. On earnings calls, she often details Nvidia’s financial performance, customer demand, supply constraints, and other key metrics. “One of the things we don’t focus on is the stock price. We focus on our investors and how we would like to innovate,” Kress told the Israeli business newspaper Globes in 2023. Before joining Nvidia, Kress spent more than two decades in finance roles at Microsoft, Cisco, and Texas Instruments. Huang personally recruited her in 2013, when Nvidia was still best known for its gaming graphics cards, according to Globes. Huang laid out his vision for the company’s future on a whiteboard, explaining how Nvidia could become a major supplier of computing infrastructure for artificial intelligence. Other potential successors to Huang included Ian Buck, an Nvidia veteran of more than 20 years who created the company’s software platform CUDA and now oversees its high-performance computing business, and Jeff Fisher, who joined Nvidia in 1994 as the head of software sales and later became senior vice president of its GeForce unit, where he led Nvidia’s strategy for bringing GPUs to market. However, Nvidia’s unusual corporate structure has long meant that dozens of executives reported directly to Huang. The company lacks a traditional chief operating officer. Even executive vice presidents aren’t necessarily given direct control over budgets, sources have told WIRED. As a result, few people within the organization have the same level of understanding of the company’s financials as Kress. The former Nvidia executive who spoke to WIRED on the condition of anonymity said that while Kress is incredibly sharp and “can step into the [CEO] role immediately without needing any guidance,” she doesn’t have the same engineering and technical expertise that Huang brought to the role. She has also shied away from being “at the center of public attention,” the person said. Given the intense scrutiny surrounding Huang lately, that leadership style might be a welcome temporary change for Nvidia.

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