News

Cisco CEO Chambers To Step Down

John Chambers announced he will be leaving the CEO position with Cisco this summer after being with the company for more than 20 years.

Chambers will trade in his current titles of Cisco chairman and CEO for the role of executive chairman on July 26. His replacement as CEO is Chuck Robbins, a 17-year veteran at Cisco who is currently senior vice president of worldwide operations.

Chambers joined Cisco as head of sales in 1991 when Cisco was a 7-year-old company. Under his leadership, Cisco has grown from $1.2 billion to $48 billion a year in revenues and seen more than a 3,000 percent increase in non-GAAP earnings per share, according to the company.

"We've selected a very strong leader at a time when Cisco is in a very strong position," Chambers said of Robbins, going on in a statement to describe the next CEO's strengths as an insider. "Chuck knows every Cisco segment, technology area and geography and will move the company forward with the speed required to capitalize on the opportunities in front of us. He is a champion of the Cisco culture and has an incredible ability to inspire, energize and connect with employees, partners, customers and global leaders."

In the official announcement, Cisco emphasized Robbins' channel credentials. It noted that in his current role he leads the global sales and partner team that drives $47 billion in business for the company. In that role, Cisco credited Robbins with helping "lead and execute" the build-out of the partner program that is "now worth more than $40B in revenue to the company each year." Robbins was also a sponsor for the Sourcefire and Meraki acquisitions.

Robbins was elected to the Cisco Board of Directors effective May 1. For Chambers, the title change will probably mean fewer public speaking engagements as the voice of Cisco, which, because of Cisco's influence, doubled as a voice of the tech industry overall.

Chambers' new role will involve advising and supporting Robbins and engaging with business and government customers.

About the Author

Scott Bekker is editor in chief of Redmond Channel Partner magazine.

Featured

  • RAMBleed Side-Channel Attack Method Disclosed by Researchers

    Academic researchers this week published information about another side-channel attack method, called "RAMBleed," that can expose information from memory chips, including encryption key information.

  • Penguin

    Windows 10 Preview Build 18917 Shows Off New Linux Integration

    Microsoft's latest Windows 10 "fast-ring" preview release is showcasing a coming Delivery Optimization enhancement, along with the ability to try the newly emerged Windows Subsystem for Linux version 2.

  • Customizing Microsoft Office 365

    While the overall look and feel of Office 365 is pretty standard across organizations, there are several ways to personalize it and make it fit better with your company's specific needs.

  • Microsoft 365 Business Tenants Getting Conditional Access and Trouble-Ticket Features

    Microsoft added its conditional access security service to Microsoft 365 Business subscriptions, according to a Wednesday announcement, and it also added new trouble-ticket features for Microsoft 365 administrators.

comments powered by Disqus

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.