David Kennedy has been named interim CFO of Dell Technologies, following the departure of Yvonne McGill, who steps down after nearly three decades at the company. The leadership change comes as Dell reaffirms its full-year guidance despite broader executive turnover.
Dell Technologies has announced a leadership transition at the top of its finance function, with Chief Financial Officer Yvonne McGill set to step down from the role on September 9, 2025, after nearly three decades at the company. David Kennedy, senior vice president of Dell Global Business Operations, Finance, has been appointed interim CFO.
McGill, who joined Dell in 1997, will remain in an advisory capacity through the third quarter of fiscal 2026 to ensure a smooth transition. Dell has launched a formal search process for a permanent successor.
In a statement, Michael Dell, chairman and CEO, expressed appreciation for McGill’s contributions, stating: “She has been a tremendous contributor as CFO and across almost all parts of our company – with prior leadership roles including corporate controller, ISG CFO and chief accounting officer. We are grateful for her help in facilitating a smooth transition… Yvonne’s leadership has made a lasting mark, and we wish her all the best in what’s next.”
During her tenure, McGill held several leadership positions across Dell’s global operations, including roles as CFO of the Infrastructure Solutions Group and Chief Accounting Officer. Most recently, she played a key role in scaling Dell’s AI business.
“As I reflect on my 28-plus years with Dell, I am incredibly honored to have worked alongside such a talented global team,” McGill said. “I am proud of all we have accomplished together and believe that after such long service with one company this is the right time for me to embark on my next chapter.”
Her departure follows a period of internal restructuring at Dell, including recent changes in its accounting leadership and sales divisions. Despite the executive turnover, the company reaffirmed its third-quarter and full-year guidance for fiscal 2026, originally issued on August 28.
David Kennedy, a 27-year Dell veteran, is stepping into the CFO role with immediate effect. He previously served as CFO of Dell’s Client Solutions Group and as chief operating officer of global sales.
Jeff Clarke, vice chairman and COO, said: “We are fortunate that David will transition to the CFO role on an interim basis. With 27 years of experience at Dell and significant contributions including serving as the CFO of CSG, David is well suited to provide immediate leadership for our finance team and the company.”
McGill’s resignation is not connected to any disagreement with the company regarding financial reporting or internal controls, according to Dell’s filing with the U.S. Securities and Exchange Commission.
Kennedy’s interim appointment comes ahead of Dell’s Securities Analyst Meeting scheduled for October 7, where the company is expected to share new long-term guidance.
Shares of Dell Technologies dipped 1.8% in after-hours trading following the announcement.