Friday, January 24th 2014
Dell Names Thomas W. Sweet Senior Vice President and Chief Financial Officer
Dell today announced the appointment of Thomas W. Sweet as senior vice president and chief financial officer of Dell. Mr. Sweet, 54, currently vice president, corporate controller and chief accounting officer, succeeds Brian Gladden, who has served as senior vice president and chief financial officer of Dell since 2008. Mr. Gladden, who has chosen to pursue career interests outside of Dell, will remain at the company through the end of February, working closely with Mr. Sweet to ensure a seamless transition.
"Tom has been a key leader in our corporate finance organization for 16 years. His knowledge of our business, versatility as a finance leader and his strategic insights are valued by leaders across the company," said Michael Dell, chairman and chief executive officer of Dell. "I am delighted that Tom will be joining our leadership team to help lead Dell through our next chapter and help me position the company for long-term success.""This is an exciting time at Dell and in our industry," said Mr. Sweet. "Our leading technology solutions, strong global brand and deep customer and partner relationships create exceptional growth opportunities. I look forward to working with Michael and the entire leadership team to achieve our long-term objectives."
Mr. Dell continued, "Brian has been a great partner to me and is an exceptional leader with a unique combination of financial acumen, strategic intuition and a straight-forward approach. He played a crucial role in leading the company through the lengthy and complex privatization transaction, and has been instrumental in the execution of the company's long-term strategy over the past six years. I am grateful for his many contributions."
"As Dell turns the page to start its next chapter, I have decided it is the right time for me to do the same," said Mr. Gladden. "I am proud of the progress we have made since the company embarked on its multi-year strategy to become an end-to-end solutions provider, and it's a logical time for me to transition to my next opportunity. I am confident that Tom is the perfect choice to help lead the new company through its next exciting phase of growth and transformation."
"Tom has been a key leader in our corporate finance organization for 16 years. His knowledge of our business, versatility as a finance leader and his strategic insights are valued by leaders across the company," said Michael Dell, chairman and chief executive officer of Dell. "I am delighted that Tom will be joining our leadership team to help lead Dell through our next chapter and help me position the company for long-term success.""This is an exciting time at Dell and in our industry," said Mr. Sweet. "Our leading technology solutions, strong global brand and deep customer and partner relationships create exceptional growth opportunities. I look forward to working with Michael and the entire leadership team to achieve our long-term objectives."
Mr. Dell continued, "Brian has been a great partner to me and is an exceptional leader with a unique combination of financial acumen, strategic intuition and a straight-forward approach. He played a crucial role in leading the company through the lengthy and complex privatization transaction, and has been instrumental in the execution of the company's long-term strategy over the past six years. I am grateful for his many contributions."
"As Dell turns the page to start its next chapter, I have decided it is the right time for me to do the same," said Mr. Gladden. "I am proud of the progress we have made since the company embarked on its multi-year strategy to become an end-to-end solutions provider, and it's a logical time for me to transition to my next opportunity. I am confident that Tom is the perfect choice to help lead the new company through its next exciting phase of growth and transformation."
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Less competition = bad news for all of us.