[Geeks are Sexy] technology news

Wednesday, January 31, 2007

Michael Dell Back in Charge

Dell's original founder, Michael Dell, has returned to his company, replacing Kevin Rollins as CEO, "as the No. 2 PC maker struggles with missteps in the U.S. consumer market and lost market share to Hewlett-Packard Co"

Rollins' departure comes after a terrible year for the company, during which it lost its lead in PC market share to Hewlett-Packard and an investigation by the SEC for possible accounting improprieties began. Several executives have left the company in recent months, including CFO Jim Schneider, who was slated to leave the company at the end of January.

Read Article - Reuters Business
Read Cnet's Article.


Post a Comment

<< Home