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In May 2015, Cisco announced that CEO and chairman John Chambers would step down as CEO in July 2015 while remaining as chairman. Robbins, then a senior vice president, was named as his successor. [5] Mentored by Chambers, Robbins was unanimously voted in as the company's new chief executive, becoming CEO of Cisco Systems in July 2015. [6] [5] [7]
A year later, Chambers left Wang to join Cisco, which had gone public on February 16, 1990. [12] In 1995 Chambers became CEO of Cisco, a position he held until 2015. He had also been promoted to board chairman in 2006. [13] During his tenure as CEO, the company's annual sales grew from $1.9 billion [14] to $49.2 billion. [15]
Cisco Systems, Inc. (using the trademark Cisco) is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware , software , telecommunications equipment and other high-technology services and products. [ 4 ]
In 1990, Cisco's management fired Cisco co-founder Sandy Lerner and Bosack resigned. [2] As of 2010 [update] , Bosack was the CEO of XKL LLC, a privately funded engineering company which explores and develops optical networks for data communications.
CEO [11] 2011 Replaced Steve Jobs: 2018-10-01 Arcelor Mittal: Aditya Mittal: CEO [12] 2006 Owner of Queens Park Rangers F.C. 2018-10-01 AT&T: John Stankey: CEO [13] 2020 Former CEO of WarnerMedia: 2020-11-19 BAE Systems: Charles Woodburn: Chief Executive Officer [14] 2008 Succeeded Ian King: 2018-10-01 Bajaj Allianz General Insurance: Tapan ...
He joined Cisco in 1988, then a four-year-old company with 34 employees, as its second chief executive officer and chairman of the board. [5] He was replaced by John Chambers as CEO in 1995 and as chairman in 2006. [8] [9] At his retirement in 2006, Cisco had 50,000 employees in 77 countries. [10]
Lerner and Bosack brought in John Morgridge to be the second CEO of Cisco in 1988. On August 28, 1990, Lerner was fired; upon hearing the news, Bosack resigned in solidarity. [7] The two sold all of their stock for $170 million [2] and retired from Cisco. Lerner and Bosack divorced in the early 1990s. [8]
He joined Cisco in 1994 when it acquired Kalpana, an Ethernet switching company, where he was vice president. Giancarlo became Cisco's first vice president of business development, where he developed Cisco's merger and acquisition strategy and practice. In 1999, he took responsibility for the commercial line of business at Cisco.