John Chambers says he might retire as Cisco's (CSCO -0.7%) CEO in 2-4 years, and that there as...

John Chambers says he might retire as Cisco's (CSCO -0.7%) CEO in 2-4 years, and that there as many as 10 potential successors. Among them are operations head Robert Lloyd, Americas chief Chuck Robbins, and services chief Edzard Overbeek. Criticism of Chambers has mounted due to stalling growth and a stock that remains in a decade-long trading range in spite of huge buybacks. Some have suggested Chambers has made a point of running off would-be successors and filling Cisco's board with loyalists.
From other sites
Comments (4)
  • dernpets
    , contributor
    Comments (21) | Send Message
    Marine engineering professional have visited over 50 countries in the last 40 years and have been investing for about 15 years.
    25 Sep 2012, 06:32 PM Reply Like
  • mngordoatyahoo
    , contributor
    Comments (110) | Send Message
    I just sold off some CSCO but will replace those shares to take advantage of the positive reaction this news will ultimately have on CSCO's stock price.
    25 Sep 2012, 08:50 PM Reply Like
  • elsrmp56
    , contributor
    Comments (170) | Send Message
    Now that's good news. The sooner the better.
    25 Sep 2012, 09:16 PM Reply Like
  • davidingeorgia
    , contributor
    Comments (2661) | Send Message
    Well Mr. Chambers, then I might be interested in investing in Cisco in 2-4 years. Don't let the door hit you in the butt on the way out.
    26 Sep 2012, 04:52 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs