Cisco has tapped Chuck Robbins as the company’s next Chief Executive. Robbins will succeed long-time CEO John Chambers who will assume the role of Executive Chairman for the company.
Robbins will step into his new role as CEO effective July 26, as Chambers assumes his place as Executive Chairman on the same day.
Robbins has been with Cisco since 1997, most recently serving as Cisco’s senior vice president of worldwide operations, leading the company’s global sales and partner team that drives $47B in business for the company.
In a statement, Robbins said he joined the company because he believed in Cisco’s vision.
“The opportunity that lies ahead for Cisco is enormous, and the ability to lead this next chapter is deeply humbling and incredibly exhilarating,” Robbins said.
Ex-CEO of Yahoo Carol Bartz, who sits on Cisco’s Board, said it was not easy finding a candidate to replace John Chambers.
“Chuck stood apart as a leader with an extraordinary ability to connect vision, people and ideas to drive strategy and execution,” she said.
Shares of Cisco were up just under 1 percent to $29.32 in afternoon trading.
Filed Under: Infrastructure
