Sears Holdings has announced the election of Kevin Rollins as its director. Mr Rollins is the former president and CEO of Dell and currently a senior adviser to the private investment firm TPG Capital. His election increases the number of Sears Holdings's directors to eight.

If you thought the days of fat-cat salaries and bonus payouts to executives were a thing of the past, the staggering $48.5m cash payment by Dell to ousted CEO Kevin Rollins might make you think twice.

By Bloomberg News Dell Inc. former Chief Executive Officer Kevin Rollins will receive $48.5 million for stock options awarded during his tenure at the world's second-largest personal-computer maker.

By Dow Jones/Associated Press NEW YORK -- Deposed Dell Inc. Chief Executive Kevin Rollins has found a new home at private-equity giant TPG Capital, formerly known as Texas Pacific Group, serving as a senior adviser on global investment strategies in the technology sector.

By Connie Guglielmo Michael Dell is undoing the direct-to-customer strategy that made Dell unique so he can make it the world's largest maker of personal computers again. It just may work.