Showing posts with label Michael Dell. Show all posts
Showing posts with label Michael Dell. Show all posts

Monday, February 5, 2007

Michael Dell strikes again

Michael Dell retook the helm, and he wants to prove its superior talent. Look to this statement: "We have great people...but we also have a new enemy: bureaucracy, which costs us money and slows us down," Dell wrote.

Reshaping Dell, Inc., top posts, it is its main tasks for now: Paul Bell, who now runs the company's European operations, will become top executive for the Americas operations that account for two-thirds of the company's revenue. Chief Financial Officer Don Carty will also take on more responsibilities, including human resources and investor relations.

But, some drawbacks still is around the corner: A class-action lawsuit filed this week in Austin claims that the company inflated profits with secret payments of about $1 billion a year from chip maker Intel Corp. (INTC).

Wednesday, January 31, 2007

Dell: Out

Michael Dell, the leader of the PC maker, that reinvented the supply chain of computers manufacturing, leads again Dell, after this: Dell also said its fiscal fourth-quarter results would be below the average of First Call Estimates for both revenue and earnings per share.

After-hours, Dell share is up +4.17%.

Look to this mess:

Wednesday, December 20, 2006

Pay attention

We all have dreams: to have a company, to start a new business or to stay in a typical career.

We love examples like Gates, Dell, Jobs or Brin. Why not to look to some new guys in town? In other words, look to future very wealthy Chairman or CEO.

You can find here, a bunch of them:
  • Michael Rubin: 34 years, chief executive of GSI Commerce, a King of Prussia (Pa.)-based e-commerce company with $524.6 million in revenue in the 12 months ended Sept. 30.
  • Harry Vafias: 28, CEO of StealthGas, in Athens, Greece.
  • Michael Soenen: 36, chief of flower seller FTD.
  • David Liu: 41, CEO of wedding information Web site The Knot.

But remember this: Many of the youngest CEOs achieved their position by launching their own companies from scratch.

And this: Internet CEOs were young by nature.