Overview

• Longtime finance chief Yvonne McGill will step down after nearly 30 years, and Dell has begun a search for a permanent successor.
• Senior vice president of Global Business Operations David Kennedy has been appointed interim CFO effective immediately.
• Dell reiterated its fiscal 2026 third-quarter and full-year guidance despite the abrupt leadership change.
• The stock traded down about 1.38% to $121.38 on the news, compared with a 52-week range of $66.24 to $147.66.
• The change follows late-August results that highlighted strong demand for AI servers alongside margin pressure and a third-quarter EPS forecast below Wall Street estimates.