Feeds

Dell's co-presidente steps back

Vanderslice prepares for the golf course

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

Dell is having a rejig of its top managers with co-president/COO Jim Vanderslice easing into impending retirement by stepping back from his role.

This leaves Kevin Rollins as sole president/COO and Vanderslice is moving to a senior advisory role as vice chairman. He'll advise Rollins and CEO Michael Dell.

Vanderslice retires at the end of 2002. His advice will focus particularly on procurement, manufacturing and related issues.

Dell says that since Vanderslice joined the company, 80 per cent of Dell's computer systems are produced in factories that are less than two years old, and it has cut its days of supply in inventory from six days to four. 'In absolute terms, inventory has been reduced by more than $80 million,' said a statement.

It's not the only thing that's been cut. Dell reported a $101 million loss for the second quarter, while warning investors to prepare for falling sales in Q3. The loss from the Texan PC giant was largely due to a pre-tax charge of $742 million to cover job cuts and site closures, and compared to a $603 million net profit for Q2 the previous year.

Vanderslice was senior VP of the IBM Technology Group, which struck a $16 billion, seven-year technology cross-licensing deal with Dell in 1999. This saw Dell using Big Blue products to bolster its high-end weakspots. ®

Related Stories

Dell warns of falling sales in Q3 Dell is taking $700m hit

Internet Security Threat Report 2014

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.