Dell's Rollins steps down, Michael Dell back as CEO
<b style="color:#900;">blog</b> Company founder takes back the helm as CEO resigns.
Editor's note: A more detailed article on this story can be found here.
Dell announced Wednesday that Kevin Rollins has resigned as Dell's chief executive officer, and company founder Michael Dell will be re-taking the helm of the PC company.
Rollins' departure comes after a terrible year for the company, which lost its PC market share lead to Hewlett-Packard and is being investigated by the SEC for possible accounting improprieties.
"Kevin has been a great business partner and friend," Dell said in a press release. "He has made significant contributions to our business over the past 10 years. I wish him much success in the future."