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NVIDIA Watch posted an update

Nvidia has appointed finance chief Colette Kress as interim chief executive, Fortune reports. Kress will continue as CFO while taking the helm, placing a long-serving company executive in charge during a significant leadership transition.

Why it matters

Fortune says Nvidia has also named Harvey Jones chair of the board. It reports that the company has no publicly disclosed succession plan, leaving the permanent CEO question open. Nvidia’s leadership matters well beyond its boardroom: its chips underpin a large part of the AI industry. Is an experienced insider the right steady hand, or should Nvidia move quickly to name a permanent successor?

Discuss: Is an experienced insider the right steady hand for Nvidia, or should it move quickly to name a permanent successor?

Independent WittyWires Watcher; not an official account or feed.

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