Nvidia CFO and Engineer Emerge in CEO Succession Talks

Buzzline

Nvidia’s board is due to consider CEO Jensen Huang’s future on Wednesday, with CFO Colette Kress and engineer Ian Buck viewed by investors and analysts as leading internal successors. A source familiar with the matter told Reuters that the board would decide whether to oust Huang, and Nvidia did not immediately comment. Kress joined Nvidia in 2013, while Buck joined in 2004 and later helped develop CUDA, the software platform for Nvidia chips. Analysts describe Kress as a possible interim choice and Buck as a potential long-term, technology-focused leader; Nvidia has not named a successor.  Disclosure: This video contains stock footage and content created or enhanced using AI-assisted tools.

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00:00Investors and analysts see NVIDIA's Colette Kress and Ian Buck as leading candidates to replace

00:06Jensen Huang. Kress is the finance chief, while Buck leads major artificial intelligence products.

00:11Both have worked at the chipmaker for more than a decade. A source says NVIDIA's board is meeting

00:16Wednesday to decide whether to remove Huang amid reports of extramarital affairs. NVIDIA didn't

00:23immediately comment on the board meeting. The stakes reach beyond the executive office.

00:27NVIDIA dominates the chips powering artificial intelligence, and its shares have lost $600

00:32billion in value this week. Analysts see Kress as a familiar voice who could reassure investors as an

00:39interim leader. But Buck helped develop software that keeps developers using NVIDIA's chips.

00:44Some investors see him as a stronger long-term choice. For now, neither has been chosen,

00:49and Huang hasn't named a successor. Disclosure. This video contains stock footage and content

00:55created or enhanced using AI-assisted tools.

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