Attention former tech executives. Would you like to parlay your leaderships skills into new ventures? Love spending quality time with board members on a weekly basis? Enjoy making a difference? Or maybe just $100 million? If so, the private equity world wants you!
It's no secret the private equity world is drawing from the ranks of top CEOs in all industries, but with private equity bullish on technology, many of the former top jocks such as Lou Gerstner of IBM Corp., Daniel Rosensweig of Yahoo! Inc. and Michael Capellas of MCI Inc. and Hewlett-Pachard Co. fame have gone to the private side. And now Kevin Rollins, the former CEO of computer giant Dell Inc., is joining them.
Rollins will join TPG as a senior adviser to help evaluate tech opportunities. Rollins, a former Bain & Co. partner, was at Dell until earlier this year, when the board voted to bring back founder Michael Dell to address a loss of market share and a falling stock price. There was also a little matter of a Securities and Exchange Commission investigation that's still unresolved. However, at TPG Rollins will be working at private companies, meaning the SEC and irate shareholders will be mostly out of the picture. —Stacey Higginbotham
See Nov. 22, 2002, story from TheDeal.com
See August 1 story from DealBook
See July 10 story from TheDeal.com
See Aug. 1 story from Reuters
See Feb. 2 article in TheDeal.com
Tags: private+equity, deals, private-equity, mergers




del.icio.us
Technorati





