Nvidia Announces CEO Jensen Huang’s Resignation; CFO Colette Kress Named Interim CEO

Tiger Newspress11-12 21:50

NVIDIA: CEO Jensen Huang Has Resigned as President, CEO and Member of the Board, Effective Immediately.

NVIDIA named Colette Kress interim CEO; she will remain executive vice president and chief financial officer. The company appointed Harvey C. Jones as its first board chair.

NVIDIA The board has launched a search for a permanent CEO and will consider both internal and external candidates.

NVIDIA fell more than 10% premarket after the company announced Jensen Huang's resignation.

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Comments

  • RichieTansc
    11-12 23:02
    RichieTansc
    As a founder and owner of a company, one must hold at least 51% of the shares yourself or with your good buddies who can share underwears. Nobody can take over or control your company. After all men are human makers and women are human producer, so it's natural all men when induced, aroused, urge to have pleasure and fun it's all to release stress so long as he's still looking and love his existing family.
  • Ian73
    11-12 22:49
    Ian73
    Idiots reacting when the fundamentals are strong. Buy as this 10% dip is but a drop in the ocean 
  • beil
    11-12 22:03
    beil
    NYT lose all credibility acting like a low-end tabloid, someone pulling the strings. Soon we will find out who too. Dumocrats indeed. Support Huang start another new company. Don't be controlled 
  • Traderleong
    11-12 21:59
    Traderleong
    The speed of all these events unfolding, looking more and more like a hatchet job. Someone want badly to get rid of Jensen and put a leash on Nvidia
  • neo26000
    11-12 21:58
    neo26000
    Even the most brilliant minds on Earth can still do the most basic, stupid things. Apparently, having extraordinary intelligence doesn't automatically come with having common sense. Turns out, artificial intelligence is easier to develop than natural intelligence. 😂
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