John Paczkowski

Recent Posts by John Paczkowski

What Color Is My Parachute? Federal Reserve Green.

Dell must have appreciated the lackluster financial quarters it had under former chief executive Kevin Rollins a lot more than it let on, because it gave him a hell of a parting gift. In a filing yesterday with the Securities and Exchange Commission, Dell said it will pay Rollins $48.5 million for his now-expired stock options. This just six months after he was shown the door in the wake of a string of losses and an intensifying SEC investigation into the company’s financial practices.

Not bad for Rollins, who already pocketed $5 million in severance when he left Dell.