Henry from the Monastery of Phineas
Nvidia is public.
Ingrid has just announced that Jensen Huang has resigned as President, CEO and Director of the company with immediate effect.
Colette Kress, current executive vice president and CFO, served as interim CEO and continued in her original role until her official successor was appointed.
Following the announcement of the announcement, the company's pre-sale price jumped to US$150.13, down about 13.58% from the previous trading day.
After opening, the price of the shares in the Nvidia fell by more than 10 percent. However, before the end of the reporting period, the fall gradually narrowed, and the bottom rebounded, falling to 4.63 percent.
As a reference, on January 27, 2025, DeepSeek triggered a reassessment of the market's input into AI computing, with Nvidia falling by about 17% in a single day and its market value evaporating by about $593 billion, setting the single-stock company's single-day market value loss record at the time.
Huang Yin resigned
He co-founded Invisalign in 1993 and has led the company for 33 years.
According to the announcement, the Board of Directors has started the selection of the official CEO and will consider both internal and external candidates.
At the same time, Ingrid appointed Harvey C. Jones as the first chairman of the board in the company's history. He served as CEO and executive chairman of Innovation Technology.
Kress, interim CEO, has been with Invisalign for more than 13 years. She joined the company in September 2013 and has since served as executive vice president and CFO, leading the finance department. In the announcement, Invisalign said she played a key role in the company's growth and transformation.
Prior to joining Ingrid, Kress served as Senior Vice President and CFO for Business Technology and Operations Finance at Cisco, where he was responsible for financial strategy, planning, reporting and business development.
Prior to that, she worked at Microsoft for 13 years, including four years as CFO of the server and tool division; prior to that, she held several financial positions at Texas Instruments.
Harvey C. Jones, incumbent Chairman of the Board of Directors, said Kress had an in-depth knowledge of Ingrid's business, customers, operations, and finances, and a senior management team behind him that was involved in executing the company's strategy and advancing its technology routes.
The board expects the company's operations, customer commitments and product roadmaps to continue uninterrupted.
At the same time, INVIDA confirmed that it will publish the results of the third quarter of fiscal year 2027 as scheduled on 17 November, and held a conference call on financial statements.
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