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Investing.com -- Dell Technologies (NYSE:DELL) stock fell 2% in after-hours trading Monday following the announcement that Chief Financial Officer Yvonne McGill will step down from her role after nearly 30 years with the company, effective September 9, 2025.
The technology giant has appointed David Kennedy, senior vice president of Dell Global Business Operations, Finance, to serve as interim CFO. Kennedy, who has 27 years of experience at Dell and previously served as CFO of the company’s Client Solutions Group, will take over when McGill departs. McGill will remain in an advisory capacity through the third quarter of fiscal 2026 to ensure a smooth transition while Dell conducts a search for a permanent successor.
"I want to thank Yvonne for nearly three decades of partnership and for her significant impact throughout her career at Dell," said Michael Dell, chairman and CEO, in the announcement. Dell’s vice chairman and COO Jeff Clarke added that Kennedy "is well suited to provide immediate leadership for our finance team and the company."
McGill stated, "As I reflect on my 28-plus years with Dell, I am incredibly honored to have worked alongside such a talented global team. I am proud of all we have accomplished together and believe that after such long service with one company this is the right time for me to embark on my next chapter."
Despite the leadership change, Dell reaffirmed its previously provided guidance for the third quarter and full year fiscal 2026. The company plans to share more about its key priorities and new long-term guidance at its Securities Analyst Meeting on October 7, 2025.
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