Michael Dell resumes place as Dell CEO -- Rollins is out


Our very own Jon Ogg just hit this story a few minutes ago. After two years of disappointing sales, battery recalls, a slumping share price and possible accounting irregularities, Kevin Rollins is leaving the post of CEO for Dell, Inc.(NASDAQ:DELL). The founder and chairman of the board for the company, Michael Dell, is resuming his role of CEO after more than two and a half years of serving solely as chairman of the board.

I, for one, saw this coming -- did you?

This move -- not entirely unexpected -- will be talked about this week and the next, most likely. It was a move that was bound to happen, as Rollins -- handpicked by Mr. Dell himself -- has just not measured up as Dell has gone through the cheese shredder lately and the former Bain & Co. consultant (Rollins) just could not bounce back from all the issues under his tenure at Dell.

Stay tuned for further updates.

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