Cisco's New Succession Plans
Articles covers departure of top exec
Cisco's No. 2 exec to resign
GIANCARLO OUT DEC. 31
By Mark Boslet
Mercury News
Article Launched: 12/21/2007 01:39:58 AM PST
Cisco Systems' No. 2 executive and heir apparent, Charles Giancarlo, abruptly resigned from the company Thursday, stirring speculation about succession planning at the big network-equipment provider.
Chief Executive John Chambers, who shows no immediate signs of leaving, said he tried to talk 14-year veteran Giancarlo out of joining Silver Lake Partners, where he will be managing director and an investor.
But instead, Giancarlo announced he would leave the company, where he has steered acquisitions and developed markets strategy, on Dec. 31. Cisco said it does not plan to fill his role as chief development officer.
http://origin.mercurynews.com/business/ci_7776941?nclick_check=1
Articles covers departure of top exec
Cisco's No. 2 exec to resign
GIANCARLO OUT DEC. 31
By Mark Boslet
Mercury News
Article Launched: 12/21/2007 01:39:58 AM PST
Cisco Systems' No. 2 executive and heir apparent, Charles Giancarlo, abruptly resigned from the company Thursday, stirring speculation about succession planning at the big network-equipment provider.
Chief Executive John Chambers, who shows no immediate signs of leaving, said he tried to talk 14-year veteran Giancarlo out of joining Silver Lake Partners, where he will be managing director and an investor.
But instead, Giancarlo announced he would leave the company, where he has steered acquisitions and developed markets strategy, on Dec. 31. Cisco said it does not plan to fill his role as chief development officer.
http://origin.mercurynews.com/business/ci_7776941?nclick_check=1
posted by Mark Boslet at 5:45 PM
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