Dell’s Asia push could slow with exec departures
Dell’s Asia push could slow with exec departures
SHANGHAI – Dell Inc.’s aggressive expansion in Asia has suffered a setback with the departure of the company’s top regional executive to an upstart Chinese rival – its second high level departure in the past two months.
A Dell spokeswoman said Steve Felice will take over as sole head of the company’s Asian operations, following the departure on Tuesday of long-serving chief William Amelio, who left to take over as chief executive for Lenovo Group Ltd.
Dell shares dropped 1 percent on the trading day after the change was announced, counter to a 0.4 percent gain for the tech heavy Nasdaq Composite index.
Amelio’s departure comes just two months after Dell’s China chief, Foo Piau Phang, also left the company.
