Profit

Cisco Chairman John Chambers To Step Down, Ending An Era At Tech Company

Under John Chambers' leadership, Cisco's sales surged to about $48 billion from $1.2 billion in 1995.

 Share
EMAIL
PRINT
COMMENTS
Cisco Chairman John Chambers To Step Down, Ending An Era At Tech Company

John Chambers became executive chairman at Cisco in July 2015


Cisco Systems Inc said on Monday that executive chairman John Chambers would not seek re-election after his term expires in December. Mr Chambers, who lead the networking gear maker for two decades as its chief executive, became the executive chairman in July 2015.

Under his leadership, Cisco's sales surged to about $48 billion from $1.2 billion in 1995.

Cisco's CEO Chuck Robbins will become the chairman and Mr Chambers, 68, will be given the honorary title of chairman emeritus at the company's annual shareholder meeting in December.
© Thomson Reuters 2017


Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top