Major shareholders like Carl Icahn who opposed Dell's $24.9 billion go-private acquisition were just trying to drive up the stock price, Michael Dell tells CNBC.» Read More
In a memo to Dell employees days after returning as chief executive officer, Michael Dell said the beleaguered computer maker is quashing bonuses for 2006 and reducing managers to help cut costs and steer the company back toward dominance.
Dell, who takes over as CEO for ousted Kevin Rollins, ends a four-year hiatus during which the company issued the largest consumer electronics recall ever, found itself the subject of a formal investigation by the U.S. Securities and Exchange Commission and lost its position as the world's largest PC maker to a rejuvenated Hewlett-Packard
Forget those primtetime soap stars, the newest drama people are talking stars Michael Dell. The 41 year-old has returned to the role of Chief Executive of the computer company that bears his name. He's replacing Kevin Rollins effective immediately. The upheaval could mark a new and compelling chapter in the company's history...
Dell announced that Michael Dell will assume the duties of chief executive officer, replacing Kevin Rollins, who resigned. Dell will remain chairman of the troubled computer maker.