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Michael Dell's Graceful Exit | |
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| Time: 08:18 EST/13:18 GMT | News Source: E-Commerce Times | Posted By: Brian Kvalheim | ||
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March 2004 will probably always be remembered as Martha Month (see BW Online, 3/5/04, "A Guilt-Edged Guide to Martha's Future"), but it has also featured A Tale of Two Mikes. One Mike, Walt Disney (DIS) Chairman and CEO Michael Eisner, grudgingly agreed to give up one of his titles after an unheard-of 43% of the company's shareholders withheld their votes at the company's annual meeting. The other Mike? Dell (DELL) founder Michael Dell, who announced he will hand off one of his titles -- CEO -- to longtime No. 2 and heir apparent Kevin Rollins on July 16. | ||
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