Dell (DELL) named former GE Plastics chief Brian Gladden as its new CFO replacing Don Carty.

The move makes Gladden the No.2 executive under CEO and founder Michael Dell and a likely successor to the top job should Dell vacate the position again.

“We look forward to welcoming Brian as an operationally focused CFO whose skills in running multi-billion-dollar enterprises and substantial experience with an industry leader make him an ideal fit for the global economies in which we operate,” Dell said in a press release Monday.

For the past year Gladden ran Saudi Basic Industries Corporation, formerly GE’s plastics unit. The company had $6.6 billion in sales and 11,000 employees with operations in 60 countries.

Carty, who was Dell’s finance chief since January 2007, will stay on as a member of the board.