Nvidia: Colette Kress replaces Jensen Huang, who will take long-term leadership?

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Colette Kress temporarily succeeds Jensen Huang. Nvidia announced this Thursday the immediate resignation of its co-founder from his positions as president, general manager and director. The financial director will act in the interim while retaining her current responsibilities until a permanent successor is appointed.

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This decision comes after the revelations about two extramarital affairs of Jensen Huang and the opening of an independent investigation. It puts an end to more than thirty years of management by the co-founder, but leaves open the question of his lasting replacement.

Arriving in September 2013, Colette Kress knows the group's finances and operations. Her regular presence at results presentations makes her a familiar contact with investors. The council provides its support and affirms that it wants to preserve the continuity of operations and technological projects.

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The council is launching a search open to internal and external candidates. No permanent leader has yet been announced. Ian Buck is among the profiles favored by certain analysts. Joining Nvidia in 2004 and holding a doctorate from Stanford, he participated in the development of CUDA, the software environment that has become central to the use of the group's chips. He oversees hardware and software products for cloud giants' AI infrastructures.

On the same subject – Nvidia: Who is Kimberly Powell, with whom Jensen Huang allegedly had a relationship?

Shay Boloor, strategist at Futurum Equities, considers him the strongest internal candidate for the long term. The bets which placed him among the favorites before the announcement, however, remain market anticipations, without confirmation value on the council's intentions.

The hypothesis of co-management, previously mentioned by investor Armina Rosenberg, was not retained for the announced interim.

Rene Haas, CEO of Arm and formerly of Nvidia, remains a cited lead for his knowledge of semiconductors. Another name emerged: Johny Srouji, head of hardware at Apple. According to Semafor, he is being considered for the position, with no public confirmation of an approach or interest.

Jay Puri is also mentioned, but his announced transition to an advisory role makes this prospect more uncertain. Other names mentioned by observers, with no official candidacy confirmed, include Jeff Fisher, Chris Malachowsky, Madison and Spencer Huang, as well as Thomas Kurian and Matt Garman.

The results of November 17 will constitute the first major financial meeting of this transition, now essential for assessing the prospects before investing in Nvidia..

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