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Michael Dell will be the CEO of a Public Company Once Again, but it Means Giving up his Power to Never be Fired

Business Insider
  • Michael Dell will once again be running a public company, thanks to a new financing deal with VMware.
  • As part of that deal, the billionaire CEO has given up something interesting: His ability to veto his own removal as CEO.
  • He's still basically impossible to remove as CEO, though, with 66% voting power over Dell...
Mentions: IPO voting power Dell