It's official: Jensen Huang is no longer the CEO of Nvidia. His personal affairs, including one with potential security risks, have caused the Nvidia board to push him out of the company he helped start.

Stepping into the role as interim CEO is Colette Kress, who previously held the role of executive vice president and chief financial officer of Nvidia. She first joined the company in 2013, so she's no stranger to the massive chipmaker and how it operates.

She seems like a logical choice to run the company as it tries to navigate these tumultuous times. Between the AI boom (and possible bubble burst) and the company's stock dropping like a stone, it won't be an easy road to navigate for Kress.

Kress is very much finance-focused. Her most recent role is CFO (chief financial officer) at Nvidia, and she brings 25 years of finance experience at major technology companies.

During that time, she spent 13 years at Microsoft, serving as CFO of the Server and Tools division. She also worked for three years as senior vice president and chief financial officer at Cisco’s Business Technology and Operations Finance organization.

“Colette has helped lead NVIDIA through a period of extraordinary growth and has a deep understanding of our business, customers, operations and financial position,” said Harvey Jones, the newly appointed chair of the Nvidia Board of Directors, who has been an entrepreneur, technology executive, and active venture investor for over 30 years, including serving as Chief Executive Officer and Executive Chairman of Synopsys.

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