Dell says President Mike Cannon to retire

Other highlights:

* Says Cannon will be succeeded by Jeff Clarke

* Says Cannon will serve as a consultant to DELL (DELL.NQ)/p>

* Says chief Marketing officer Mark Jarvis will leave Dell this fiscal quarter

* Globalizes business groups around major customer segments

* Says will organize globally around three customer segments-large enterprise,

public sector, and small and medium businesses

* Says Erin Nelson, formerly vice president of Marketing, Dell Europe, Middle

East and Africa, will assume role of CMO

* Says plans to align its financial reporting with new structure during first

half of FY 2010, which begins in February

(Bangalore Equities Newsroom)