Dell Technologies has announced that Chief Financial Officer Yvonne McGill will resign effective September 9, 2025, marking the end of a nearly 30-year tenure with the tech giant. Despite the high-profile transition, the company has reaffirmed its financial outlook for both the current quarter and the fiscal year, signaling stability amid leadership change.
Transition Plan and Interim Leadership
Taking over in the interim is David Kennedy, currently Senior Vice President of Global Business Operations, Finance. A 27-year veteran at Dell, Kennedy brings deep institutional experience and is expected to maintain continuity. McGill will stay on as an advisor through October 31, 2025, ensuring a smooth and effective transition.
No Controversy in Exit
The company clarified that McGill’s resignation is not linked to any disagreements related to financial reporting, compliance, operations, or internal controls. The departure is described as part of a structured executive transition.
Market Reaction and Corporate Outlook
Following the announcement, Dell shares fell by around 1.8% in after-hours trading—a common reaction during major executive changes. However, the reaffirmation of earnings guidance for the third quarter and full year reflects Dell’s confidence in its operational and financial performance.
Quick Facts for Exam
- Resignation Effective: September 9, 2025
- Outgoing CFO:Â Yvonne McGill
- Incoming (Interim):Â CFO David Kennedy
- CEO: Michael Dell
NHAI Partners with Reliance Jio to Launc...
Camikara Becomes First Indian Rum to Win...
Asian Paints Becomes Team India’s Offici...
