Nvidia CFO David White Calls It Quits
"I want to thank David for his many great contributions to Nvidia," said Jen-Hsun Huang, Nvidia President and CEO. "I'm grateful for the counsel and leadership he has provided."
Image Credit: Nvidia
White, 55, was hired by Nvidia in February 2009. He will be replaced by interim CFO Karen Burns, 43, corporate controller and vice president of tax.
"Karen is a broadly respected veteran of Nvidia and knows her business well," Huang added. "Her experience, her understanding of our business, and her leadership will be a tremendous asset to us during this transition."
Despite Nvidia's optimism in Burns as an interim replacement, the company's stock dropped by as much as 6.5 percent in extended trading following the announcement, Bloomberg reports.