00:00NVIDIA is turning to its long-serving finance chief, Colette Kress, to lead the company through
00:05the fallout from Jensen Huang's departure. She takes over as interim CEO as the company faces
00:10growing scrutiny in Washington. She will keep her finance role while the board searches for
00:15a permanent chief executive, considering candidates from inside and outside the company.
00:22Kress has run NVIDIA's finances since 2013, helping oversee its rise into one of the world's
00:29most valuable technology companies. Before joining NVIDIA, Kress held senior finance
00:34positions at Texas Instruments, Microsoft and Cisco. Huang resigned after reports of two
00:41extramarital affairs, including one with a woman suspected of passing information to China.
00:47NVIDIA shares fell over 4% following the leadership change, wiping about nearly US$180 billion off
00:54its market value. That extended the stock's decline since its October 6 record high to 30.5%,
01:01a total loss of about US$1.76 trillion in market value.
01:06Beyond reassuring investors, Kress faces questions about the company's businesses with Beijing,
01:12as lawmakers from both parties are calling for tougher export restrictions.
