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    Colette M. Kress

    EVP and CFO at NVIDIA Corp
    Since 2013
    Age
    57 years
    Education
    Holds a B.S. in Finance from the University of Arizona and an M.B.A. from Southern Methodist University.
    Tenure
    Joined NVIDIA in 2013 as Executive Vice President and Chief Financial Officer and has overseen the company’s financial operations and strategy since then.

    Also at NVIDIA Corp

    About

    Colette M. Kress is a seasoned finance executive who has made significant contributions in leading financial strategy in the technology sector. With a background that spans several high-profile technology companies, she has developed a strong reputation for effective financial management and strategic planning.

    Her professional journey began with key finance roles at Texas Instruments, followed by a 13-year tenure at Microsoft where she eventually served as CFO for the Server and Tools division. She further honed her expertise at Cisco Systems as Senior Vice President and CFO, managing critical financial operations across multiple business segments.

    Since joining NVIDIA in 2013, she has played a pivotal role in the company’s growth and evolution, consistently driving strategic decisions that support innovation and expansion in areas like artificial intelligence, gaming, and data centers. Her extensive educational background and diverse experience make her a vital asset to the company’s leadership team.

    Past Roles

    OrganizationRoleDate RangeDetails
    Cisco Systems, Inc.Senior Vice President and Chief Financial Officer of the Business Technology and Operations Finance organization 2010 to 2013 Responsible for financial strategy, planning, reporting, and business development for all business segments, engineering, and operations
    MicrosoftVarious roles; notably Chief Financial Officer of the Server and Tools division 1997 to 2010 Held various roles starting from 1997, with the CFO role for the Server and Tools division beginning in 2006
    Texas Instruments IncorporatedVarious finance positions Pre-1997 (approx. 8 years) Held various finance positions over eight years before joining Microsoft

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$900,000 Annually [N/A]Remained flat vs. Fiscal Year 2023
    Restricted Stock Units (RSUs)19,829 RSUs; $4,542,031 grant date fair value Per vesting schedule [N/A]Part of total stock awards valued at $11,756,027

    Performance Compensation

    Data from  FY 2024

    Variable Cash Compensation

    MetricValueAdditional Details
    Performance MetricsRevenue Performance; Non-GAAP Operating Income; Non-GAAP Gross Margin Exceeded Stretch Compensation Plan goals
    Threshold$60,000 Minimum payout level
    Target$300,000 Base target payout
    Maximum (Cap)$600,000 200% payout achieved due to exceeding goals
    Payment TimingMarch/April post fiscal year Payout contingent upon continued employment
    Grant DateMarch 2, 2023 Grant set for cash-based award

    Single-Year Performance Stock Units (SY PSUs)

    MetricValueAdditional Details
    Performance MetricsNon-GAAP Operating Income; Non-GAAP Gross Margin Exceeded Stretch goals; additional SY PSUs (50% of target) vest due to gross margin performance
    Target Opportunity27,265 shares Base award
    Threshold5,453 shares Minimum performance level
    Maximum68,162 shares With additional SY PSUs from exceeding gross margin
    Vesting Schedule25% on March 20, 2024; then 6.25% quarterly for 3 years Service and performance-based vesting conditions
    Grant DateMarch 10, 2023 Approval on March 2, 2023
    Grant Date Fair Value$6,245,321 Valuation at grant

    Multi-Year Performance Stock Units (MY PSUs)

    MetricValueAdditional Details
    Performance MetricTotal Shareholder Return (TSR) vs. S&P 500 Measured over a 3-year period (Fiscal 2024–2026)
    Threshold25th percentile; 619 shares 25% of target opportunity awarded
    Base50th percentile; 2,478 shares 100% of target awarded
    Stretch75th percentile; 4,956 shares 200% of target awarded; interpolation applied for in-between performance levels
    Vesting Schedule100% at end of 3-year period Vesting contingent on achieving TSR goals
    Grant DateMarch 10, 2023 Approval on March 2, 2023
    Grant Date Fair Value$968,675 Notable for MY PSU awards
    Evaluation Method60-day average closing prices pre-/post- period Mitigates short-term volatility in TSR calculation