Dell Technologies has announced that CFO Yvonne McGill will step down on September 9, 2025, after nearly three decades with the company. David Kennedy — SVP of Global Business Operations, Finance, and former CFO of Client Solutions Group — will assume the interim CFO role. McGill will support the transition through Q3 FY2026 as Dell launches a search for a permanent successor. The company reaffirms its fiscal 2026 guidance.
Leadership Transition: Honoring Legacy, Ensuring Continuity
Yvonne McGill’s departure marks the end of an era at Dell Technologies. Having joined the company in the mid-1990s, she held pivotal finance roles including Corporate Controller, Chief Accounting Officer, and CFO of Infrastructure Solutions Group — before ascending to CFO of the entire enterprise in 2020.
Her tenure coincided with Dell’s transformation into a global infrastructure and AI powerhouse — guiding financial strategy through major acquisitions, debt restructuring, and the rapid scaling of its AI and hybrid cloud offerings.
“Yvonne has been a tremendous partner and contributor across nearly every part of Dell,” said Michael Dell, Chairman and CEO. “Her leadership leaves a lasting legacy, and we’re deeply grateful she’ll support the transition.”
Jeff Clarke, Vice Chairman and COO, added: “Yvonne helped us scale our AI business with financial discipline. We’re fortunate David Kennedy — with 27 years at Dell and deep finance leadership — will step in seamlessly.”
Meet Interim CFO: David Kennedy
David Kennedy brings decades of operational and financial expertise to the interim CFO role. His career at Dell includes:
- Senior Vice President, Dell Global Business Operations & Finance
- Former COO, Dell Global Sales
- Former CFO, Client Solutions Group (CSG) — Dell’s largest and most profitable division
Kennedy’s cross-functional background — spanning finance, sales operations, and product group leadership — positions him to maintain financial rigor while supporting Dell’s strategic growth initiatives, including AI infrastructure expansion and operational modernization.
He will report directly to CEO Michael Dell and work closely with the executive team during the CFO search.
Smooth Transition, Steady Guidance
To ensure continuity, McGill will remain in an advisory role through Q3 FY2026. Dell has also launched a formal search for a permanent CFO, with internal and external candidates under review.
Importantly, the company reaffirmed its previously issued financial guidance for Q3 and full-year FY2026, signaling confidence in its operational momentum and leadership stability.
“We remain confident in our market position, growth trajectory, and long-term value creation,” said Jeff Clarke. “We’ll share more on our strategic priorities and updated long-term targets at our Securities Analyst Meeting on October 7, 2025.”
McGill’s Reflection: A Grateful Farewell
In her statement, McGill expressed pride in her Dell journey:
“After 28+ years, I’m honored to have worked alongside such a talented global team. I believe now is the right time for my next chapter — and I look forward to supporting David and leadership through this transition.”
Her departure comes at a pivotal moment as Dell accelerates its AI-driven growth and prepares to outline its next multi-year roadmap to investors.
About Dell Technologies
Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the AI era.
