Solectron CEO Resigns to Head Dell's Global Operations Unit

Solectron CEO Michael Cannon has resigned to take a newly-created position at Dell where he will be in charge of all manufacturing, procurement and supply chain acitivities.

Cannon's resignation from Solectron is effective immediately. He will start his new job at Dell as President, Global Operations on February 26.

Solectron has chosen CFO Michael Tufano as interim CEO.