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Computer giant Dell said on Wednesday that founder Michael Dell will assume the role of CEO, replacing Kevin Rollins, who has resigned. Dell also will retain his duties as chairman of the board. "There is no better person in the world to run Dell at this time than the man who created" the company, said Samuel Nunn, the presiding director of Dell's board. Dell founded the company in 1984 and previously served as its CEO until 2004. The move comes as Dell said that its fourth quarter financial results will fall below Wall Street estimates for both revenue and earnings per share.
http://www.dell.com
http://biz.yahoo.com/bw/070131/20070131006178.html?.v=1
Reuters reported today that Bryan Lee, Corporate Vice President at Microsoft's Entertainment and Devices division, who oversaw the launch of the company's Zune digital music player, plans to leave the company. Lee also played a key role in shaping the Xbox game console business and the introduction of its Internet Protocol television software. Lee is a deputy of Robbie Bach, Head of Microsoft's Entertainment and Device division. J Allard will now take full responsibility for the Zune business. Lee plans to leave the company in the next several weeks to pursue personal interests.
www.zune.net
Take-Two Interactive Software said in a regulatory filing Tuesday afternoon that two members of its board of directors will not seek re-election to their posts. Todd Emmel will not seek re-election because of his relocation to
www.take2games.com
THQ today announced the appointment of Gary Rieschel to its Board of Directors. Rieschel fills a new seat on the THQ board, which has expanded from six to seven directors. He is the founder of Qiming Venture Partners, a $200 million fund that invests in early stage Chinese companies. Rieschel also founded SOFTBANK Venture Capital/Mobius Venture Capital, a $2 billion fund based in the
www.thq.com
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