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Nvidia Appoints New CFO After Two-year Search

By - Source: Nvidia | B 8 comments

The search for a new CFO is finally over.

Even the most avid of tech enthusiasts could be forgiven for not knowing that Nvidia was even in need of a CFO. Former CFO David White stepped down in May of 2011 and was immediately replaced by interim-CFO Karen Burns. Burns, at the time a corporate controller and vice president of tax, served as CFO for over two years. However, it seems Nvidia's search has finally yielded a new financial chief.

Colette Kress is now manning purse strings in her new position as executive vice president and chief financial officer. Kress is 46-years-old and was most recently senior VP and CFO at Cisco's Business Technology and Operations Finance organization. Prior to that, she spent 13 years at Microsoft (including four years as chief financial officer of the Server and Tools division) and worked at Texas Instruments.

"We have searched extensively for the right candidate and are thrilled to have Colette join us," said Nvidia president and CEO Jen-Hsun Huang. "She brings fantastic experience, excellent financial management skills and deep industry knowledge to Nvidia. Colette will be a great asset as we work to extend our global leadership in visual computing, mobile and the cloud. I want to thank Karen Burns for her truly outstanding work as interim CFO as we conducted our search."

Kress will start her new job later this month and will report directly to Huang. Karen Burns will return to her previous role at Nvidia.

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Display 8 Comments.
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  • -2 Hide
    deftonian , September 17, 2013 11:39 AM
    I'd hit it.
  • 0 Hide
    Matthew Mckay , September 17, 2013 12:58 PM
    like Deftonian replied, I would also hit it.
  • 0 Hide
    bloodroses , September 17, 2013 1:03 PM
    Hopefully she won't let Nvidia continue to screw over their customers and other companies (Intel, Microsoft, AMD) like they have been for a while now. Those were definitely not smart Financial moves to make IMO.
  • -2 Hide
    smeezekitty , September 17, 2013 7:41 PM
    I face palmed over the first two comments.
    Is she an attractive woman? Yes
    But there is far more to a person then looks.

    I hope truely hope that NVidia starts to adopt more ethical business practices soon.
  • 0 Hide
    deftonian , September 18, 2013 10:00 AM
    @Smeezekitty

    It was a joke, yo. Don't get your panties in a bunch. I know there is a lot more to a person other than looks... she has money too ;-)
  • -1 Hide
    shin0bi272 , September 18, 2013 11:47 AM
    its the feminization of the american workforce in full effect yet again.
  • -2 Hide
    Kaya47 , September 18, 2013 2:36 PM
    Quote:
    I'd hit it.


    With a lamppost?
  • -1 Hide
    Kaya47 , September 18, 2013 2:40 PM
    Shit, my pants are turning into a tent.