Holt, Groves to Lead Dell's Enterprise Systems Group; Lambert, Architect of Company's Server, Storage Business, to Retire Later This Year
AUSTIN, Texas--(BUSINESS WIRE)--June 7, 2001--After an almost 30-year career in the high-end computer systems industry, Michael D. Lambert, senior vice president of Dell's Enterprise Systems Group (ESG), will retire later this year.
Lambert, 54, will be succeeded by Russell L. Holt and Randall D. Groves, who will serve as co-vice presidents of ESG and report to Dell's Office of the Chief Executive Officer.
Under Mr. Lambert's leadership, Dell (Nasdaq:DELL) introduced its award-winning line of industry-standard PowerEdge servers, and has since established itself as a leading enterprise systems provider to customers worldwide.
From a 3 percent market share in 1996, Dell has grown to become the No. 1 supplier of industry-standard servers to U.S. customers in the first quarter of 2001 and No. 2 worldwide. In late 1998, Lambert led Dell's entry into the storage systems market with the company's PowerVault product line. At the end of the most recent quarter, Dell storage sales were at a $1.5 billion run rate.
"Mike has built an exceptional organization, and our selection of his successors from within the group is testament to that fact," said Michael Dell, chairman and chief executive officer. "Dell is a leading provider of enterprise computer systems to customers worldwide today, due in large part to the course Mike helped us set five years ago."
Servers and storage products, along with notebook computers and workstations, are key elements of Dell's growth and competitive strategy. Enterprise products accounted for 20 percent of the company's revenue in its fiscal-first quarter 2002.
Mr. Holt, 40, was vice president and general manager of Dell's Storage Systems Group. He joined the company in February 1998 as director of engineering for server and storage products, and then served as general manager of Dell's departmental and workgroup server organization. Mr. Groves, 44, had been vice president of development for Dell's high-volume server products. Groves joined Dell in August 2000 after spending 21 years with IBM managing the development of technology and server products. |
