Harvey Jones, serving as the company's first-ever chair of the board, officially informed employees of Huang's sudden departure via email on Thursday. Jones endorsed interim CEO Colette Kress, citing her more than 13 years of experience guiding the firm's capital strategy and financial growth. In a follow-up message to staff, Kress acknowledged the difficult moment, praised the workforce's ongoing resilience in powering artificial intelligence, and called an all-company meeting for November 18 at 9 a.m. PST.
Key points
The board of directors is evaluating both internal and external candidates to select a pe…: The board of directors is evaluating both internal and external candidates to select a permanent chief executive.
Leadership reaffirmed its dedication to meeting ongoing commitments to shareholders, cust…: Leadership reaffirmed its dedication to meeting ongoing commitments to shareholders, customers, and industry partners.
Interim CEO Colette Kress brings more than 13 years of financial leadership experience to…: Interim CEO Colette Kress brings more than 13 years of financial leadership experience to guide the company through this transition.
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On the heels of founder Jensen Huang's resignation as CEO of Nvidia, new interim CEO Colette Kress and board chair Harvey Jones sent emails to employees Thursday expressing gratitude and optimism for the future.
CNBC obtained copies of the emails from a source familiar with the matter, who said Jones sent the first email and Kress replied shortly after.
"The Board, Estaff and I recognize that this has been an extraordinarily difficult period and I want you to know how grateful we are for your resilience, professionalism and continued dedication," Kress wrote in her email.
The term Estaff is commonly used to refer to executive staff, the group of direct reports to C-suite executives at a company. Nvidia will host a company meeting on November 18 at 9am PST, her email said.
Board chair Jones took a similar tone in his email, and praised Kress as "a key architect of NVIDIA's growth and capital strategy."
"The Board has full confidence in Colette to deliver on our commitments to shareholders, customers, partners, and to each of you," Jones wrote.
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