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Chipmaker Nvidia hires CFO

End of two-year search

After two years of searching, chipmaker Nvidia has finally found a CFO. The company has appointed Colette Kress - a former Cisco and Microsoft executive as its new chief financial officer, ending a search of more than two years after its previous CFO left.

Kress has worked in the technology industry for 24 years, replaces interim CFO Karen Burns, who stepped in after Nvidia's previous CFO David White left in May 2011. Analysts do not expect the move to mark any significant change to the company which is even more focused on its Nvidia Chief Executive and co-founder Jen-Hsun Huang than Apple was on its former CEO.

Nvidia said that Kress, who most recently was senior vice president and chief financial officer at Cisco's Business Technology and Operations Finance organization, would help the company extend into visual computing, mobile and cloud computing. Burns will return to her previous job as Nvidia's controller.

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