Seeking Alpha

Cisco (CSCO) announces a management shakeup. Worldwide sales chief Rob Lloyd has been named...

Cisco (CSCO) announces a management shakeup. Worldwide sales chief Rob Lloyd has been named President and head of development and sales, and COO Gary B. Moore has been named President as well. Americas sales chief Chuck Robbins will take over Lloyd's old job. The moves come shortly after CEO John Chambers said he might retire in 2-4 years, and named Moore, Lloyd, and Robbins (among others) as potential successors - judging by this move, Moore and Lloyd could have the inside track.
Comments (1)
  • mngordoatyahoo
    , contributor
    Comments (110) | Send Message
     
    Dear Mr. Chambers,
    How 'bout you leaving in 2 to 4 months instead of 2-4 years?
    You'd get richer MUST FASTER as would we shareholders who would get about a 10 point bump as a result of your announcing your departure sooner rather than later.
    I mean, you've built a wonderful company; buy an island in Tahiti and enjoy the rest of your days. Seriously!
    4 Oct 2012, 07:01 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
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