Cisco names CEO to succeed John Chambers
Cisco has announced that Chuck Robbins will succeed John Chambers as CEO, effective July 26 2015.
Robbins was Cisco’s SVP of worldwide operations, where he led its global sales and partner team which the company said drives $47 billion in business.
Cisco said Robbins has helped drive many of its investment and strategy decisions, such as its diversification into computer-security products.
“This is the perfect time for Chuck Robbins to become Cisco's next chief executive officer. We've selected a very strong leader at a time when Cisco is in a very strong position,” said Chambers.
“Chuck is unique in his ability to translate vision and strategy into world-class execution, bringing together teams and ecosystems to drive results. Chuck knows every Cisco segment, technology area, and geography, and will move the company forward with the speed required to capitalise on the opportunities in front of us. He is a champion of the Cisco culture and has an incredible ability to inspire, energise, and connect with employees, partners, customers and global leaders. Chuck’s vision, strategy and execution track record is exactly what Cisco needs as we enter our next chapter, which I am confident will be even more impactful and exciting than our last,” Chambers added.
Chambers will become executive chairman where he will support Robbins and take a leading role in helping countries digitise their operations.
The succession has been long anticipated since Chambers announced in 2012 that he would retire in two to four years.
According to Cisco, Chambers has grown the company from $1.2 billion in annual revenue to its current run rate of $48 billion.