Here's what Nvidia interim CEO Colette Kress and board chair Harvey Jones wrote to Nvidia employees - CNBC
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.
Below are the staff emails obtained by CNBC on Thursday.
I believe deeply in this company and in its future. More than anything, I believe in each of you, in our customers and partners and in the vital role we play every day in the global economy.
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. Thank you.
This company has achieved so much because of the work that all of you bring to it every single day. You are our greatest strength. You will hear more from leadership in the coming days about our future together, and we will host a company meeting on November 18 at 9am PT.
We play a vital role in building the technology that is powering the AI revolution, and we have important work ahead of us. So let's move forward together, with the same determination and commitment that have always defined this company.
I am writing to share an important update. Jensen has resigned as CEO and Board Member, and the Board has asked our Chief Financial Officer Colette Kress to serve as interim CEO while it conducts a search for a permanent successor looking at both internal and external candidates. I will serve as the first-ever Chair of the Board.
As CFO for over 13 years, Colette has been a key architect of NVIDIA's growth and capital strategy. She possesses a deep understanding of this business and the markets in which we operate. The Board has full confidence in Colette to deliver on our commitments to shareholders, customers, partners, and to each of you.
Jensen's contributions to NVIDIA are profound. NVIDIA is one of the most consequential technology companies in the world. We pioneered accelerated computing, defined the modern GPU, and built the platform that powered artificial intelligence.
The Board takes seriously our duty as stewards of this great company.
The strength of this company resides in our employees, leadership team, technical strength and partner ecosystem. I am confident that under Colette's leadership, with the full support of the Board, we will continue to grow our business, and lead the industry forward. Thank you for your focus, your professionalism, and your commitment to NVIDIA.
