Full text of the email to employees from interim Nvidia CEO Kress and Chairman Jones
Here's what Nvidia interim CEO Colette Kress and board chair Harvey Jones wrote to Nvidia employees
After Jensen Huang announced he was stepping down as Nvidia CEO, interim CEO Colette Kress and Chairman Harvey Jones each wrote to employees, expressing gratitude and optimism about the company's prospects. Jones wrote in his email that Jensen Huang had stepped down as CEO and as a director, that the board had asked CFO Kress to serve as interim CEO while it searches for a permanent successor from both internal and external candidates, and that he himself would become the first chairman. Jones said Kress, who has served as CFO for more than 13 years, is a key architect of Nvidia's growth and capital strategy, and the board fully trusts her to deliver on commitments to shareholders, customers, partners and employees. In her email, Kress thanked employees for their resilience and dedication and announced a company meeting at 9 a.m. Pacific Time on November 18. CNBC obtained the two emails from people familiar with the matter.
The two internal emails disclose the interim CEO arrangement and the direction of the successor search, offering a look at how Nvidia management addressed employees after Jensen Huang's resignation.