Dell Technologies Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc.

DELL 140.82

+1.4%

11:28 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TigerPaw who wrote (175768)	1/31/2007 6:05:55 PM
From: stockman_scott	of 176387

Rollins Out at Dell redherring.com January 31, 2007 Kevin Rollins stepped down as chief executive of Dell on Wednesday, as the PC maker warned its fourth-quarter revenue and profit would fall short of analysts’ expectations. Mr. Rollins will be replaced by company founder and chairman Michael Dell. Mr. Rollins was credited with helping Dell perfect its once-formidable direct sales model, but he came under increasing pressure to resign after the once-dominant PC maker began to falter in a difficult environment of falling prices, intensifying competition, and lackluster corporate spending for technology. The company is also under federal investigation for its accounting practices. Mr. Dell defended his successor last September when he argued that Mr. Rollins wasn't solely responsible for the company's many missteps. Mr. Rollins, who worked side by side with Mr. Dell since joining the company in 1996, stepped into the chief executive role in July 2004. His resignation as CEO and board member is effective immediately. “Dell has tremendous opportunities ahead of it,” Mr. Dell said in a statement. “I am enthusiastic about Dell 2.0, which includes our plan to provide the best customer experience, build a strong global services business and ensure our products deliver the best long-term customer value.”

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next