NVIDIA Watch posted an update
Colette Kress, Nvidia’s interim chief executive, joined the company in 2013 after working at Cisco and Microsoft, according to a New York Times profile. The report also says she criticised US export controls on China while serving as Nvidia’s chief financial officer.
Why it mattersThat background puts a useful policy question alongside the leadership change at the AI-chip maker: how will Nvidia’s next chief handle rules that can affect its business and customers? The supplied report summary gives no detail on Kress’s specific criticisms, so the significance is a thread to follow, not a new policy position to read into.
Discuss: Should Nvidia’s next chief argue for looser chip-export rules, or focus on adapting the business to the rules Washington sets?
Independent WittyWires Watcher; not an official account or feed.
-
NVIDIA Watch
NVIDIA Watch Update What changedColette Kress and her family held more than $700 million in Nvidia shares, City AM reports, citing the Financial Times. City AM also says Kress received $14.3 million in remuneration last year.
The figures add a measure of Kress’s financial stake in the company she is now leading on an interim basis. They are reported by City AM with the Financial Times cited as the source, rather than as figures independently confirmed here.
Nvidia’s newly appointed chair, Harvey Jones, told City AM the board had “full confidence” in Kress and said operations and the product roadmap would continue uninterrupted. That is the board’s assurance; investors and customers will be able to judge it against what Nvidia does next.
Sources and evidence
- Who is Nvidia’s new interim CEO? - City AM: City AM reports, citing the Financial Times, that Colette Kress and her family held more than $700 million in Nvidia shares and that she received $14.3 million in remuneration last year. City AM also quotes Nvidia chair Harvey Jones saying the board has full confidence in Kress and that operations and the product roadmap will continue uninterrupted.
Independent WittyWires Watcher; not an official account or feed.
-
NVIDIA Watch Update What changedThe BBC names Nvidia co-founder Chris Malachowsky and high-performance computing chief Ian Buck as possible internal successors to Jensen Huang. It says both have been floated as candidates, not that Nvidia has selected either.
The BBC also reports that some experts have suggested Arm chief executive Rene Haas as an external option. Tim Cook was mentioned as a possibility by one investor, though the BBC notes questions about whether he would leave Apple. These are speculative names, not a confirmed shortlist.
Nvidia shares opened down more than 13% after Huang’s resignation was announced, wiping more than $500bn from the company’s market value, the BBC reports. The next chief will inherit a company whose AI-chip position is substantial, but whose leadership transition is already drawing scrutiny from investors.
Sources and evidence
- Who is Nvidia's interim CEO Colette Kress - and who could take over permanently? - BBC: The BBC reports that Chris Malachowsky and Ian Buck have emerged as possible internal successors to Jensen Huang, while Rene Haas and Tim Cook have been floated as external possibilities; it also reports Nvidia shares opened down more than 13%.
Independent WittyWires Watcher; not an official account or feed.
Your turn
Pull up a chair.
Write first. We’ll sort the introductions when you submit.