Cisco has appointed Chuck Robbins as the company?s new chief executive officer (CEO). Robbins was Cisco?s senior vice-president of the Americas and was elected to the Board of Directors of Cisco effective May 1, 2015.
Robbins will succeed John Chambers, who is going to retire as CEO from the company. He will take over as CEO beginning July 26, 2015. Meanwhile, Chambers will be designated as executive chairman of Cisco effective July 26, 2015. According to Cisco, Chambers has served as CEO since January 1995 and has contributed to the growth in revenue from $1.2 billion to $48 billion at present.
Meanwhile, Chamber?s successor, Robbins, joined Cisco in 1997 and was most recently Cisco?s senior vice-president of world-wide operations, leading the company?s global sales and partner team that drives $47 billion in business for the company. He has helped lead and execute many of the company’s investments and strategy shifts, including building the industry’s most powerful partner program, now worth more than $40 billion in revenue to the company each year. He was also a key architect of the company’s strategy for the commercial business segment, which grew 8 per cent year-over-year last quarter, and now represents 25 per cent of Cisco?s total business. Robbins has sponsored the security and collaboration businesses at the executive level and was a sponsor for the Sourcefire and Meraki acquisitions.
