Michael Dell will give up his position as chief executive officer (CEO) to Kevin Rollins in July. “Rollins, currently Dell’s president, has been running the day-to-day operations of the company for some time, while Michael Dell has spent more time focusing on his company’s strategic initiatives,” reports CNET News.com. “As part of the decision, which Dell said in a statement was made Thursday by its board of directors, Rollins will become president and CEO on July 16, at the company’s annual meeting of shareholders. Dell will become chairman of the company, continuing the company’s ‘two in a box’ chief executive office.”