David Kennedy Appointed as Dell Technologies CFO

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appointed David Kennedy as its interim Chief Financial Officer, effective September 9, 2025. Following this, on November 23, 2025, the Board of Directors approved his appointment on a permanent basis, effective November 24, 2025. In connection with this appointment, the Compensation Committee approved an annual base salary of $760,000, a target cash incentive payment equal to 100% of his base salary, and a grant of time-based restricted stock units valued at $3,000,000.

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About Dell Technologies Inc.

Dell Technologies Inc. is a multinational technology company that designs, develops, manufactures, and supports a wide range of computer-related products and services. Its primary function is to provide infrastructure solutions, personal computing devices, and IT software tailored for both consumer and enterprise markets. Dell is renowned for its innovation in developing high-performance laptops, desktops, and a comprehensive range of computer peripherals. Moreover, it plays a vital role in industries such as healthcare, finance, education, and government by offering cloud solutions and enterprise software that enhance operational efficiency. Dell Technologies' influence in the technology sector is significant, owing to its commitment to sustainability and transforming how businesses operate through digital innovation. Founded by Michael Dell in 1984 and headquartered in Round Rock, Texas, Dell Technologies has evolved into a key player in the global PC market while expanding its reach in digital transformation services."}