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Dell Grants COO Jeff Clarke Performance Options Worth US$132 Million as AI Server Boom Accelerates

Round Rock, 5 May 2026 – Dell Technologies has awarded Chief Operating Officer and Vice Chairman Jeff Clarke a major performance-based stock option package valued at about US$132.4 million, underscoring the company’s confidence in its leadership team as it rides a powerful artificial intelligence infrastructure cycle.

The award gives Clarke the right to purchase 2.5 million shares of Dell’s Class C common stock under a one-time performance-based option plan. According to Dell’s regulatory filing, the grant was approved by the company’s board compensation committee and is tied to performance conditions, including market capitalisation and free cash flow targets.

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  • Tim Clark is a Senior Geopolitical Analyst for The Ledger Asia, specializing in the intersection of international relations and market stability. With over a decade of experience, Tim provides deep-dive insights into Indo-Pacific security, global supply chain resilience, and the strategic competition between major powers.

    Previously a consultant for leading international think tanks, he focuses on how shifting diplomatic landscapes and maritime disputes impact corporate governance and trade policy. At The Ledger Asia, Tim’s analysis equips readers with the clarity needed to navigate the complex regulatory and economic environments of Southeast Asia and beyond.

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