CISCO’s Chief Executive John Chambers would step down in July after 20 years .

In International Affairs
May 5, 2015

CISCO’s Chief Executive John Chambers would step down in July after 20 years , will be replaced by company veteran Chuck Robbins. Chambers, one of the longest-serving CEOs of a Silicon Valley company, will become the network equipment maker’s executive chairman and continue to be chairman.

Cisco has been looking for a new CEO for the past 16 months, board member Roderick McGeary wrote in a blog post. Robbins who will now be the new CEO has been Cisco’s senior vice president of worldwide operations, leading the company’s global sales and partner team. He joined Cisco in 1997 and became a board member on May 1.

Chambers has grown the network equipment maker’s sales to about $48 billion from $1.2 billion since he took the top job in 1995. He will now work with customers and governments around the world and focus on leading Cisco’s role in country digitization.

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John Chambers:

John Chambers is Chairman of the Board and CEO of Cisco Systems, Inc.
Chambers joined a start up Cisco founded in 1983 as senior vice president.
Since January 1995, when he was 46 years old he assumed the role of CEO.
In 1995, the company has grown from $70 million in annual revenues to its current run-rate of approximately $46 billion.
In November 2006, he was named Chairman of the Board, in addition to his CEO role.

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