Technology

Dell Hires A CEO In Waiting (DELL)

Dell hired the former CEO of American Airlines to become the PC company’s CFO. Donald Carty is a Dell board member and has been mentioned in this column as a potential replacement for Dell CEO Kevin Rollins.  Carty will also server as Vice Chairman of the board.

Carty may be helpful to Dell in navigating the accounting problems it has had. These have brought the attention of the SEC and Justice Department. But, more important, if Dell has one more bad quarter, Carty is in the house as CEO-in-waiting

Douglas A. McIntyre can be reached at douglasamcintyre@247wallst.com. He does not own securities in companies that he writes about.