Three consecutive misses is unacceptable. It is about setting the right financial plan and setting proper expectations with the Street. The street is losing confidence in our ability to deliver on the expectations that have been set by our CFO. Time for a change?
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@mb+1jwh5kh2g - they usually dont do stuff that blatant. SEC has mandatory quiet periods. People in the company who have access to pre-announced financials are part of internal groups that are monitored during the quiet periods.
Plenty of execs do lots of shady stuff, but they typically aren't so bold to do it either in or right before the quiet periods.
"I can assure you if the CFO made stock transactions it was legal"
Yes because no C suite employee in history has ever done anything shady and gotten away with it......
Dell has very strict windows about when an exec (or anyone else for that matter) can sell or buy company stock. The Securities and Exchange Commission (government watchdog) also monitors executives closely for such activity. I know - several years ago co-workers I know got busted and the results were not pretty. I can assure you if the CFO made stock transactions it was legal.
@f2
Nail on the head there!
Also, didn't the CFO sell a ton of stock right about a month ago. It was around the time of the post tariff rebound anyway.....how is that legal?
When I worked in retail 2 quarters of missed revenue meant heads rolled and they usually started at the top. Why does dell have less common sense than a 2 bit store chain?
The problem isn’t the CFO, the problem is the fallacy that any business can continually downsize its operations without downsizing its revenues and profits. No company in history has ever shrunk its way to success. Particularly when it doesn’t possess an impenetrable moat of differentiation. Dell’s historic advantage was always efficiency at scale. Downsizing only reduces scale. Duh.
They need to bring back Sudhir. And put him in charge of everything
you guys are still clueless.
there is one person who hasn't been relevant in over 10y.
He goes, the rest of the circus goes
BS, JC, and PT these clowns need to go. Same could be said for KD and Mz.
Let’s be honest there’s only 1 person running this company - and he’s fond of a t-shirt. If anybody needs to be changed it’s him…..