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Breaking news: Michael Dell to step down as Dell CEO

Rollins to take over...

By Andy McCue

Published: 4 March 2004 17:35 GMT

Michael Dell is stepping aside from his position as CEO of Dell 20 years after he founded the computer manufacturer.

Kevin Rollins, currently president and COO, will become the new CEO and will also be nominated for election to the Dell board, replacing retired Dell executive Mort Topfer, at the next annual general meeting.

Michael Dell will remain as chairman of the board and will be "deeply involved" in the day-to-day business identifying trends in technology and customer preferences, the company said in a statement. Rollins will focus on company strategy and operations.

The changeover will take place in July.

We'll bring you more details on this breaking story as they come in but in the meantime read our inside story on the history of Dell.

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