Michael S. Dell
Also at Dell Technologies Inc
About
Michael S. Dell was born on February 23, 1965 in Houston, Texas and demonstrated a strong entrepreneurial spirit from a young age, initiating business ventures well before launching a global technology powerhouse.
He transformed the PC industry by founding Dell Inc. in 1984 and navigating the company through dramatic shifts, including stepping down in July 2004 and returning as CEO in January 2007. These leadership decisions were pivotal in driving the company’s evolution into Dell Technologies.
Beyond his role at Dell, his extensive career includes forming investment firms, establishing the Michael & Susan Dell Foundation, and taking on influential board roles and global advocacy initiatives. His contributions have not only reshaped the technology landscape but also had a lasting impact on philanthropy and international business policy.
$DELL Performance Under Michael S. Dell
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Dell Inc. | Chief Executive Officer | 1984 - July 2004 | Resigned before resuming the role in January 2007 |
| VMware, Inc. | Chairman of the Board of Directors | September 2016 - November 2023 | Position ended following acquisition by Broadcom Inc. |
| Pivotal Software, Inc. | Board Member | September 2016 - December 2019 | Role concluded when acquired by VMware, Inc. |
External Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| SecureWorks Corp. | Non-Executive Chairman | Present | Intelligence-driven information security solutions; subsidiary of Dell Technologies |
| World Economic Forum | Honorary Member of the Foundation Board | Present | |
| International Business Council | Executive Committee Member | Present | |
| Technology CEO Council | Member | Present | |
| Business Roundtable | Member | Present | |
| Tsinghua University’s School of Economics and Management | Advisory Board Member | Present | |
| Indian School of Business | Governing Board Member | Present | |
| Catalyst, Inc. | Board Member | Present | Promotes inclusive workplaces for women |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $950,000 | Annual | Annual Base Salary Rate; unchanged from prior years as requested by Mr. Dell |
| All Other Compensation | $47,405 | Annual | Includes Retirement Plans Matching ($7,500), Benefit Plans ($7,482), and Other expenses ($32,423) for personal guest air travel |
Performance Compensation
Performance Compensation Details for 2024
| Component | Metric/Threshold | Target | Maximum (Cap) | Weight | Actual Results | Additional Details |
|---|---|---|---|---|---|---|
| Non-GAAP Net Revenue | Threshold: $75.1B | $83.5B | $105.5B | 50% | $82.8B | - |
| Non-GAAP Operating Income | Threshold: $6.7B | $7.4B | $9.4B | 50% | $7.8B | - |
IBP Modifier
| Metric | Threshold | Target | Maximum | Actual Modifier |
|---|---|---|---|---|
| IBP Modifier | 72% | 100% | 175% | 107% |
Bonus Payment Calculation
| Component | Amount | Additional Details |
|---|---|---|
| Target IBP Bonus | $1,900,000 | Set at 200% of base salary |
| Final Bonus Payment | $2,033,000 | Includes Corporate Modifier (107%) and Individual Modifier (100%) |
*Note: Vesting schedule, grant date, grant date fair value, and grant date stock price are not applicable for cash bonuses. *