Nvidia CFO Resigns

Nvidia has just announced that, after a little bit more than two years in the position, Nvidia's Chief Financial Officer, David White, has resigned for "personal reasons." Nvidia is not elaborating more than that broad explanation as to why their CFO has called it quits. After coming in for a retiring Martin Burke, White began during some of Nvidia's best financial times, but also weathered through Nvidia losing the market lead to AMD. While Nvidia searches for a new CFO, corporate controller and vice president of tax Karen Burns will serve as interim CFO.

"I want to thank David for his many contributions to NVIDIA," said Nvidia CEO Jen-Hsung Huang. "I'm grateful for the counsel and leadership he has provided. Karen is a broadly respected veteran of NVIDIA and knows our business well. Her experience, her understanding of our business and her leadership will be a tremendous asset to us during this transition."

Since this announcement, Nvidia stock has fallen 2.1%, to $17.29.

Departing Nvidia CFO David White