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Thursday, June 4, 2015

Stock Alerts -New Cisco's (NASDAQ:CSCO) CEO Robbins names CTO, sales chief, rest of leadership team- 6/4/15

New Cisco CEO Robbins names CTO, sales chief, rest of leadership team
  • Hilton Romanski, formerly Cisco's (NASDAQ:CSCO) head of M&A strategy, is the company's new CTO/chief strategy officer. He replaces Padmasree Warrior, who was recently reported to be departing. (Press Release)
  • Officially, Warrior will transitioning to a "strategic advisor" role, as will services SVP Edzard Overbeek. Replacing Overbeek is Joe Cozzolino, formerly the head of Cisco's service provider mobility and video infrastructure ops.
  • EMEA/Russia sales chief Chris Dedicoat has been named Cisco's SVP of worldwide sales, and go-to-market chief Karen Walker is now chief marketing officer.
  • CIO Rebecca Jacoby has been named Cisco's SVP of operations. She'll "oversee the global supply chain, global business services, security and trust, and IT." IT exex Guillermo Diaz has been promoted to CIO.
  • Recently-appointed CFO Kelly Kramer maintains her position, and Pankaj Patel is still in charge of Cisco's tech portfolio and ~25K development engineers.
  • Cisco adds it "plans to conduct a comprehensive external search to fill a number of leadership roles for key strategic growth areas for the company." Incoming CEO Chuck Robbins has provided a blog post with more details about the appointments.
  • CSCO -0.5% premarket to $28.96, following equity futures lower.
  • Three days ago: Cisco presidents Lloyd, Moore leaving

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