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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]
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]
John Chambers stepped down as CEO of Cisco in 2015, and left the board at the end of 2017. "I'm not retired, but I am on to my next chapters," John Chambers told Business Insider in the hours ...
In 2002, he left Cisco and joined Symbol Technologies as President and COO. [10] He became CEO in 2003 and returned the company to profitability for the first time in five years, increasing revenue growth by 24% from 2002-2004. [7]
Former Cisco CEO John Chambers joins Yahoo Finance Live to discuss the tech sector, the startup environment in China, new technologies, Elon Musk's Twitter takeover, and his predictions for Big Tech.
Cisco Systems former CEO and JC2 Ventures Founder John Chambers joins Yahoo Finance Live to discuss the future of Big Tech companies like Facebook in this choppy market.
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]
Technology company Cisco announced Wednesday that it plans to lay off 5% of its global workforce, amounting to thousands of employees, as part of a company-wide restructuring.