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Dell CFO Yvonne McGill Resigns, Company Reaffirms Guidance

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Dell Technologies (DELL.N) announced on Monday that Chief Financial Officer Yvonne McGill will step down on September 9 after nearly 30 years with the company.

McGill, who will remain as an adviser through October 31, is leaving on amicable terms. Dell clarified that her resignation was not due to disagreements regarding financial reporting, internal controls, or company policies.

David Kennedy, a 27-year Dell veteran and current SVP of Global Business Operations, Finance, will assume the role of interim CFO.

Following the news, Dell shares dipped 1.8% after hours, but the company reaffirmed its third-quarter and full-year forecasts, initially issued last month, signaling operational stability despite the leadership change.

Paramount’s Naveen Chopra to Lead Finance at Roblox Amid Growth and New Revenue Push

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Naveen Chopra, currently finance chief at Paramount Global, will join video gaming firm Roblox as its new Chief Financial Officer, the companies announced Monday. Chopra takes the role as Roblox expands its engagement with Gen Z users and diversifies into new revenue streams like advertising.

Chopra has been CFO at Paramount since 2020, guiding the company’s shift from traditional media to streaming. Prior to that, he led finance for Amazon’s Devices and Services division. His move comes as Paramount aims to finalize its $8.4 billion merger with Skydance Media, pending U.S. FCC approval.

At Roblox, Chopra will succeed Michael Guthrie, who is stepping down after announcing his departure last year to pursue personal interests. Guthrie will remain through June to ensure a smooth handover and then serve as a consultant.

Wedbush Securities analyst Michael Pachter praised Chopra as a “seasoned professional” and “capable replacement,” highlighting the opportunity to influence Roblox’s growth trajectory.

Roblox has seen a 26% jump in average daily active users, reaching 97.8 million in the quarter ending March 31, leading the company to raise its annual bookings forecast despite economic uncertainties. To attract older gamers and increase spending on virtual items, Roblox is exploring new game genres, including horror.

Andrew Warren, Paramount’s strategic advisor to the CEO, will act as interim CFO during the transition.