Jensen Huang Resigns as Nvidia CEO; Colette Kress Named Interim CEO
AI summary
Jensen Huang announced his resignation as Nvidia CEO, and Chief Financial Officer Colette Kress will serve as interim CEO until a new leader is appointed, according to the supplied report. Nvidia shares closed down more than 4% after the announcement. Bloomberg reported that the board was working with an outside firm to identify potential permanent successors.
In-depth insight
The resignation creates a major leadership change at the world's most valuable chipmaker. It also starts a search for a permanent successor, which the reports describe as a difficult challenge.
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