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.
It is unknown as to whether or not Rollins was asked to step down by the board of directors, or whether it had anything to do with Dells less than successful year. By re-placing Michael Dell back in the CEO position though, the board hopes to see immediate improvements all-around. In other news, Jim Allchin, co-president of Microsoft’s Platforms & Services Division, has retired after being with the company for 17 years.
Source: News.com