Dell 2006 Annual Report Download - page 119

Table of Contents
accounting and financial reporting functions worldwide; (d) the design and implementation of a comprehensive training
program for all Finance Department personnel; (e) the implementation of more rigorous period-end financial reporting
policies and processes involving journal-entry approval, supporting documentation, account reconciliations, and
management representation letters; (f) an increased corporate audit focus on key accounting controls and processes,
including documentation requirements; (g) extension of the time between the end of reporting periods and earnings release
dates to give the accounting organization more time to close the books and process and analyze results; and (h) the design
and implementation of a new internal global ethics awareness campaign, including refreshed tools, resources, and policies.
In addition to continuing the actions we implemented in the third quarter of Fiscal 2007, we took the following specific actions
in the fourth quarter of Fiscal 2007: Implemented certain personnel actions; further enhanced of our management
representation letter process; and began the centralization of the accounting functions.
ITEM 9B — OTHER INFORMATION
None.
PART III
ITEM 10 — DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
Board of Directors
The following is a list of the persons who, as of October 15, 2007, constituted our Board of Directors and their ages and
committee assignments as of that date.
Name Age
Committees
Donald J. Carty 61 —
Michael S. Dell 42 —
William H. Gray, III 66 Audit, Governance and Nominating
Sallie L. Krawcheck 42 Finance
Alan (A.G.) Lafley 60 Finance, Leadership Development and Compensation
Judy C. Lewent 58 Finance (Chair), Leadership Development and Compensation
Thomas W. Luce, III 67 Audit (Chair)
Klaus S. Luft 65 Leadership Development and Compensation
Alex J. Mandl 63 Audit
Michael A. Miles 68 Governance and Nominating, Leadership Development and Compensation (Chair)
Sam Nunn 69 Audit, Governance and Nominating (Chair), Presiding Director
Set forth below is biographical information about each of our directors.
• Donald J. Carty — Mr. Carty joined us as Vice Chairman and Chief Financial Officer in January 2007. In that role, he is
responsible for all finance functions, including controller, corporate planning, tax, treasury operations, investor relations,
corporate development, real estate, risk management, and internal audit. Mr. Carty has served as a member of our Board
of Directors since 1992 and continues to serve in that capacity. Mr. Carty was the Chairman and Chief Executive Officer of
AMR Corporation and American Airlines from 1998 until his retirement in 2003. Prior to that he served in a variety of
executive positions with AMR Airline Group and American Airlines from 1978 to 1985 and from 1987 to 1999. Mr. Carty was
President and Chief Executive Officer of CP Air in Canada from 1985 to 1987. After his retirement from AMR and American
in 2003, Mr. Carty engaged in numerous business and private investment activities with a variety of companies. Mr. Carty is
a graduate of Queen's University in Kingston, Ontario and of the
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