Jensen Huang resigned as Nvidia’s chief executive after a period marked by two alleged affairs and an accusation of Chinese espionage. The company’s board appointed longtime CFO Colette Kress, who joined Nvidia in 2013, as interim chief executive while retaining her finance role. She will lead Nvidia through the search for a permanent successor as the company seeks continuity in its technology strategy and attempts to steady a declining share price. Kress, a former senior finance executive at Cisco and Microsoft, holds shares worth approximately $770 million and has helped Nvidia grow from a niche chipmaker into a global technology giant whose market capitalization briefly exceeded $5 trillion.
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