Meet Colette Kress, the finance chief steering Nvidia through its first CEO transition

Nvidia Colette Kress, chief financial officer of Nvidia, has been named interim CEO.

Nvidia's longtime finance chief Colette Kress has been named interim CEO as a widening scandal brings Jensen Huang's 33-year tenure to an end.

Kress's appointment on Thursday follows Huang's resignation , which the board said was effective immediately.

The board said it is initiating a search for a permanent CEO and will "consider internal and external candidates."

Nvidia's share price dropped more than 10% in premarket trading after announcing Huang's resignation.

Huang stepped down after Nvidia's board opened an investigation into whether he was the target of a "foreign intelligence effort." He also admitted to being unfaithful to his wife in a memo.

The New York Times reported that Huang had romantic relationships with Alice Huang, an executive at Nvidia customer Megaspeed — whom US intelligence officials identified as a…