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Report questions Colette Kress’s readiness to lead Nvidia after Huang’s departure
A report says Jensen Huang criticised Nvidia CFO Colette Kress’s ability to help guide the company, raising questions about her readiness as interim CEO after his resignation. Huang reportedly called her “a deer in the headlights” during a discussion of Nvidia’s plans to guarantee billions of dollars in financing for data centre operators.
Kress has worked at Nvidia for more than 13 years and previously held a senior finance role at Cisco. She reportedly challenged the company’s credit-based deals, including plans related to OpenAI: Nvidia’s proposed commitment to an Ohio data centre project was reduced from $250 billion in credit to $105 billion. Nvidia is seeking a permanent CEO after Huang’s departure, following more than 33 years in the role.
In short
- Huang reportedly questioned Kress’s strategic judgement.
- Kress is now interim CEO as Nvidia seeks a permanent leader.
- Nvidia’s planned OpenAI credit commitment fell from $250 billion to $105 billion.
Read the full article at the source →
Originally published by TechCrunch as “Jensen Huang didn’t show confidence in his successor, report says”.