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Dell Technologies Appoints David Grain to its Board of Directors

Dell Technologies (NYSE: DELL) has appointed David Grain as an independent member of its Board of Directors, expanding the board to eight members, five of whom are independent.

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Rhea-AI Summary

Dell Technologies (NYSE: DELL) has appointed David Grain as an independent member of its Board of Directors, expanding the board to eight members, five of whom are independent. Michael Dell, chairman and CEO, emphasized Mr. Grain's extensive leadership experience, which is expected to accelerate Dell's growth strategy, particularly in the multi-cloud sector. Grain, founder of Grain Management, brings a wealth of experience from the media and telecommunications industries. He expressed enthusiasm for guiding Dell's strategy amid significant growth opportunities in edge and telecom.

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Positive

  • David Grain's appointment as an independent board member adds valuable experience to Dell's leadership.
  • Grain's past roles in telecommunications and private equity may enhance Dell's strategy in the growing multi-cloud market.

Negative

  • None.
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ROUND ROCK, Texas, Sept. 30, 2021 /PRNewswire/ -- Dell Technologies (NYSE: DELL) has appointed David Grain as its newest independent member of the Dell Technologies Board of Directors. With the appointment of Mr. Grain, the Dell Technologies board of directors now seats eight directors, five of which are independent members.

"David brings decades of leadership and highly relevant experience to help accelerate our growth strategy," said Michael Dell, chairman and CEO, Dell Technologies. "He will play a key role in helping place Dell at the center of the multi-cloud world and at the center of customers' digital transformation."

David Grain is the founder and chief executive officer of Grain Management, a private equity firm focused on global investments in the media and communications sectors. Prior to founding Grain Management in 2007, he served as the president of Global Signal, one of the largest independent wireless communication tower companies at the time. Before that, he served as senior vice president of AT&T Broadband's New England Region and spent more than a decade in the financial services industry, most recently at Morgan Stanley & Co. Mr. Grain has also served on the board of Southern Company since 2012 and is currently the lead independent director, and most recently as a director of New Fortress Energy.

"Dell Technologies is a market leader and innovator with tremendous growth opportunities ahead in areas including edge and telecom," said Mr. Grain. "It's an honor to be appointed as the company's next independent board member and I look forward to helping steer the company's strategy during this exciting time for technology in our lives."

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 data era.

Copyright © 2021 Dell Inc. or its subsidiaries. All Rights Reserved. Dell Technologies, Dell, EMC and Dell EMC are trademarks of Dell Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners. 

Cision View original content:https://www.prnewswire.com/news-releases/dell-technologies-appoints-david-grain-to-its-board-of-directors-301389239.html

SOURCE Dell Technologies

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is David Grain and what experience does he bring to Dell Technologies?

David Grain is the founder and CEO of Grain Management, with extensive leadership experience in telecommunications and media, previously serving as president at Global Signal and in various roles at AT&T and Morgan Stanley.

How will David Grain's appointment impact Dell Technologies?

Grain's appointment is expected to accelerate Dell's growth strategy, particularly in multi-cloud and digital transformation, leveraging his expertise in telecommunications and investment.

What is the current composition of Dell Technologies' Board of Directors?

With David Grain's appointment, Dell's board now consists of eight directors, including five independent members.

When was David Grain appointed to the Dell Technologies Board?

David Grain was appointed to the Dell Technologies Board of Directors on September 30, 2021.

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