Posted:

Jensen Huang didnâÂÂt show confidence in his successor, report says
Former NVIDIA CEO Jensen Huang described Collette Kress, the companyâÂÂs CFO who has now replaced him as interim CEO, as âÂÂa deer in the headlightsâ during a presentation earlier in the summer, the Wall Street Journal reported, citing an anonymous source.
Huang made the comment during a meeting with NvidiaâÂÂs finance team about the companyâÂÂs plans to provide guarantees worth billions of dollars to data center operators that couldnâÂÂt afford to buy its chips upfront, according to the report.
He reportedly also said Kress was a person who couldnâÂÂt help him steer strategy or decision-making.
Kress has been with Nvidia for over 13 years now, after serving as SVP and CFO of CiscoâÂÂs Business Technology Operations Finance. The report said she has questioned NvidiaâÂÂs program-focused, credit-based deals involving HuangâÂÂs son-in-law Nico Caprez, and wanted to know how to decide which deals are beneficial, how to value guarantees, and determine returns.
Earlier in the year, she had scaled back on NvidiaâÂÂs commitment for OpenAIâÂÂs ambitious Ohio data center project. The company was in talks to provide $250 billion in credit to OpenAI, but ended up committing $105 billion.
Huang resigned Thursday after reports of two extramarital affairs, including one with the companyâÂÂs VP for healthcare, Kimberly Powell. The company is also investigating a possible Chinese espionage plot.
After his resignation, Reuters reported that he was having a third affair with another employee. Nvidia is currently searching for a permanent CEO to replace Huang, who had the top job for over 33 years.
Topics
