Cisco's Executive Leadership Turnover Continues
Upcoming CEO Chuck Robbins appoints 10 to his new leadership team, while three more veteran executives head for the exit.Cisco Systems' CEO-to-be Chuck Robbins is continuing to quickly remake the networking giant's executive team, naming 10 people to new positions while letting go of such well-known company leaders as Padmasree Warrior and Edzard Overbeek. The naming of the new executives comes in the wake of the resignations this week of presidents Rob Lloyd and Gary Moore, and more than seven weeks before Robbins takes the reins from longtime CEO John Chambers. The bulk of Cisco's new leaders come from within the company, and Robbins in a post on the company blog wrote that it was time to put them into these new roles. "We have been developing and attracting our next generation of leaders for many years, and I'm confident that this team is ready to lead Cisco's next chapter," he wrote. "They know how Cisco works, what makes Cisco great, and how we can accelerate our current momentum. Some have been with the company for as long as I have or longer, a third have joined Cisco in the last 3 years, and others are new to Cisco."
Robbins noted that with the rapid changes happening in the IT industry and business world, "it's critical that our leadership team understands our customers, delivers results, brings diverse perspectives and experiences, and builds world-class, highly motivated teams. This is what will differentiate us as a much faster, innovative organization that delivers the best results for our customers."