Dell has picked an airline industry veteran to pilot the financial part of its technology business through turbulent times.Dell Tuesday named Donald Carty as vice chairman and chief financial officer (CFO), replacing James Schneider, who previously announced plans to leave for the position of executive chairman of the board of Frontier Bancshares. Carty has been a Dell director since 1992, and chair of its audit committee. He served as chairman of the board and chief executive officer (CEO) of AMR, the parent of American Airlines, from 1998 to 2003. He also served as CFO of AMR and president of AMR Airline Group and American Airlines.The U.S. Securities and Exchange Commission began a formal investigation of Dell in November into certain accounting and financial reporting matters. The Dell audit committee Carty chairs began conducting its own investigation in August 2005 after learning that the SEC had begun an informal investigation of the company\u2019s revenue recognition and accounting practices for past fiscal years. Dell\u2019s internal audit revealed that the company may have misstated prior financial reports, including accruals, reserves and other balance sheet items."Don has had a long association with the company and we are delighted that he is joining our senior leadership team," said Michael Dell, chairman and founder of Dell, in a statement.Dell reported improved earnings in third-quarter results on Nov. 21, compared to the\u00a0previous year\u2019s\u00a0quarter, but the announcement had to be delayed by five days because of issues surrounding the accounting investigation.-Robert Mullins, IDG News Service (San Francisco Bureau)Related Links:\n\nDell to Stick With Direct Sales Model in China\n\nDell, Microsoft Team on Storage Technology\n\nGreenpeace Again Ranks Nokia, Dell Highest in \u2018Green Electronics Guide\u2019Check out our CIO News Alerts and Tech Informer pages for more updated news coverage.