Dell-y Don Carty

Dell's finance chief Don Carty will step down next month, ending his short stint of overseeing the books during the computer maker's internal accounting probe.

Carty is apparently done cleaning house at the number two computer maker. He had replaced then-CFO James Schneider in December 2006, when the US Securities and Exchange Commission began sniffing into its financial book-keeping. The following internal investigation by Dell uncovered evidence that unnamed executives were involved with fixing account balances to meet quarterly objectives and providing false information to auditors.

"Don has played a key role in re-establishing transparency and integrity in our financial practices and we are extremely grateful to have had his leadership," said CEO Michael Dell in a statement.

Carty will remain as a member of the company's board of directors, which he joined in 1992.

Rackable promotes Wheat from chaff

Meanwhile at Rackable Systems, James Wheat is now officially the chief financial officer after serving a month as interim CFO while Madhu Ranganathan readied her departure.

Prior to joining Rackable, Wheat was vice president and corporate controller at the wafer fabrication equipment house, Lam Research Corporation. ®

Related stories

• Rackable stomached $31.3m loss in 2008 (13 February 2009)
• Rackable gets physical with the virtual (22 January 2009)
• Rackable admits Q4 sales plummet (14 January 2009)
• Verari, Rackable look to leasing (15 December 2008)
• Rackable swings to loss on lower sales (4 November 2008)
• Rackable does cookie sheet servers (30 October 2008)
• Rackable clears ICE Cube shipping containers for IBM blades (28 July 2008)
• Dell buys into Dell for $100m (3 July 2008)
• Rackable's super efficient gear fills the cloud (24 June 2008)
• Michael Dell 'not involved' in accounting fraud (6 September 2007)
• Dell accountants spank themselves (16 August 2007)
• Dell Ex-CEO Rollins to get $48 million cash (9 August 2007)
• Dell audit probe almost over (18 June 2007)
• Evidence of accounting chicanery at Dell (29 March 2007)
• Comment Dell's CEO Rollins evicted from brass box (1 February 2007)