Dell hires Solectron CEO, Michael Cannon

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Dell on Thursday announced that Michael Cannon, the current president and CEO of electronics maker Solectron, will head a newly formed group that will oversee much of the company’s operations, including manufacturing, procurement and suppliers.

Cannon’s appointment is the latest sign of a management shakeup underway at Dell, and underscores the seriousness of the challenges facing the company. Paul Tufano succeeds Cannon and will serve as interim CEO while the company searches for a permanent replacement.

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