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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: kemble s. matter who wrote (146462)	11/4/1999 11:24:00 AM
From: Mike Van Winkle	Respond to of 176387

This is the second half of Dell's Europe head change and should enhance progress in both geographic market segments. I am always impressed with Dell's personnel choices. Notice that Mr. Malm has left a $10 billion GE division for a $2 billion Dell division. Cheers Mike Dell Names Goran Malm, Former GE Executive, to Head Asia-Pacific Group ÿ Click on our sponsors! Updated 9:00 AM ET November 4, 1999Current quotes (delayed 20 mins.) ROUND ROCK, Texas (BUSINESS WIRE) - Goran Malm has been appointed senior vice president of Dell Computer Corporation (NASDAQ:DELL) and president of Dell Asia-Pacific. He will report to the Office of the Chairman and will be responsible for running Dell's operations in all countries in Asia-Pacific, including materials management for the region and Dell's manufacturing and customer service centers in Penang, Malaysia and Xiamen, China. He will initially be based in Singapore. Dell's business in the Asia Pacific region is approaching $2 billion on an annualized basis and had a growth rate in excess of 50 percent in the latest fiscal quarter. Malm, 52, brings to Dell more than 25 years' experience in executive and management positions, most recently as senior vice president, General Electric Co., and president of GE Asia-Pacific, based in Hong Kong. He was responsible for GE's Asia-Pacific region encompassing 11 businesses with sales approaching $10 billion. In this role, he drove the execution of GE's global strategy throughout Asia-Pacific. He joined GE in 1992 as president and CEO of GE Medical Systems Asia based in Tokyo expanding that business threefold in five years. Prior to joining GE, Malm was deputy group managing director of SKF, a Swedish multinational company and a world leader in automotive and industrial bearings. "I am very pleased that Goran is joining our team," said Michael Dell, Dell chairman and CEO. "His global business acumen and extensive experience in the Asia-Pacific region will serve us well as we continue to develop our rapidly growing business and reputation there." Ranked No. 78 among the Fortune 500 companies and No. 210 in the Fortune Global 500, Dell Computer Corporation is the world's leading direct computer systems company, based on revenues of $21.7 billion for the past four quarters. Dell designs, manufactures and customizes products and services to customer requirements and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained through its toll-free number 800/388-8542 or by accessing the Dell World Wide Web site at www.dell.com. Dell is a registered trademark and DellWare is a registered service mark of Dell Computer Corporation. Fortune 500 is a registered trademark of Time Inc. Dell disclaims any proprietary interest in the marks and names of others.