01—Abstract
Summary
Summary of the 8-K filed September 8, 2025. Cited figures are marked; the original filing is the authoritative source.
Dell Technologies Inc. announced a significant leadership change in its finance department via an 8-K filing on September 7, 2025.
Chief Financial Officer, Yvonne McGill, will be stepping down from her role effective September 9, 2025. While her departure is amicable and not due to any financial discrepancies or disagreements, Ms. McGill will remain with the company in an advisory capacity to ensure a smooth transition until October 31, 2025. In response to Ms. McGill's departure, the Board of Directors has appointed David Kennedy, Senior Vice President of Global Business Operations, Finance, as the interim Chief Financial Officer, effective September 9, 2025.
Mr. Kennedy brings extensive experience, having been with Dell since 1998 in various senior finance and operations roles. The company has also initiated a search for a permanent CFO. Investors should monitor the transition process and the eventual appointment of a permanent successor.
02—Key points
Key Highlights
- Chief Financial Officer Yvonne McGill to resign effective September 9, 2025.
- Ms. McGill will remain with Dell in an advisory role through October 31, 2025, to facilitate a smooth transition.
- Ms. McGill's departure is not related to any disagreements concerning financial statements, internal controls, or company practices.
- David Kennedy, SVP of Global Business Operations, Finance, appointed interim Chief Financial Officer effective September 9, 2025.
- Mr. Kennedy has a long tenure with Dell, serving in various senior finance and operational capacities since 1998.
- Dell Technologies has commenced a search for a permanent Chief Financial Officer.
- Ms. McGill is expected to receive a pro rata bonus payment of approximately $562,500 as part of her separation agreement.
03—Questions
Frequently Asked Questions
What is the reason for Yvonne McGill's departure as CFO?
Yvonne McGill's departure as CFO is by mutual agreement and is not due to any disagreements with the Company regarding its financial statements, internal controls, operations, policies, or practices.
Who will replace Yvonne McGill as CFO?
David Kennedy, Senior Vice President of Global Business Operations, Finance, has been appointed as the interim Chief Financial Officer, effective September 9, 2025. A search for a permanent CFO is underway.
What are the financial implications for Ms. McGill?
Ms. McGill will receive a pro rata bonus for fiscal 2026 estimated at $562,500, in addition to other entitlements as outlined in her separation agreement.
Will Ms. McGill continue to be involved with Dell?
Yes, Ms. McGill will serve in an advisory role to assist with the transition and will remain an employee through October 31, 2025.
04—Continue