After Jensen Huang resigned as Nvidia’s CEO, Colette Kress, the company’s chief financial officer, took charge as interim CEO. Kress has been with Nvidia for over 13 years and has more than 25 years of experience in the technology sector. However, Jensen once had a heated exchange with Kress during an internal discussion.
Jensen Huang belittled Colette Kress
As per a report in The Wall Street Journal, Jensen called a meeting to discuss a growing financial concern with Nvidia’s top finance executives. He was considering providing billions of dollars in financial guarantees to companies that could not afford its chips. It also included deals led by Huang’s son-in-law, Nico Caprez.
During the discussion, Kress wanted more clarity on the deal, as she wanted to take a more careful approach when explaining it to investors. She raised the concern publicly and noted that investors might describe Nvidia’s financial support for AI businesses as circular financing.
Kress’s suggestion didn’t go too well with Huang, who belittled her and called her a ‘deer in the headlights’. The Wall Street Journal also reported that Jensen was frustrated with internal criticism of his business decisions and tried to push back against attempts to limit sales strategies, telling those present, ‘You are not establishing the value of my products.’
All about Colette Kress, the woman who replaced Jensen Huang
Jensen Huang has been dealing with a huge controversy in his personal life after he penned a letter confessing his infidelity towards his wife, Lori Huang. Initially, he was linked to Alice Huang, a former executive at Singapore-based tech company Megaspeed, who is alleged to have worked for Chinese intelligence.
Soon after, The New York Times reported that Huang had an affair with Powell, Nvidia’s vice president of healthcare, who reported directly to him. Recently, the tech giant was reported to have an “intimate relationship” with a second Nvidia employee, whose identity has not yet been revealed. Amid allegations about his personal life, Jensen resigned as Nvidia’s CEO, and Colette Kress took over as interim CEO.
Kress joined Nvidia in 2013 as the CFO after working in finance roles at tech giants. She has managed the company’s finances for years and knows its growth inside and out. Before moving to Nvidia, Kress served as Senior Vice President and CFO at Cisco. Before Cisco, Kress spent 13 years at Microsoft, where she oversaw all financial decisions. She also spent eight years at Texas Instruments.
Kress is one of the company’s most experienced executives at the artificial intelligence chipmaker. She has been a major part of every decision making. She has regularly joined Huang during quarterly earnings calls to discuss the company’s financial growth. After taking Jensen’s position, Kress issued a formal statement and asked for the employee’s complete dedication as Nvidia goes through a difficult period.
What do you think about Jensen Huang belittling Colette Kress?
Pic credits: Nvidia Blog, Reuters, Just Jared/ AFP
Also Read: Michael Talbott, 71, Looks Unrecognizable As ‘Miami Vice’ Star Makes Rare Appearance
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: bollywoodshaadis.com
