Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 21 December 2007 07:37

Possible Cisco successor leaves

Written by David Stellmack

Image

Giancarlo thought to be next in line at Cisco


In a surprise move Charles Giancarlo, who was thought to be the next CEO of Cisco, has left the company to join Silver Lake, an investment firm that is focused on the technology sector. Giancarlo was thought to be John Chambers’ hand picked successor at Cisco. Chambers indicated that he has been trying to convince Giancarlo to stay for the last six months, so his departure may not have been as much of a shock to Cisco insiders.

According to sources, the fact that Chambers has said that he does not plan to step down for the next five years had to be a factor in Giancarlo’s decision to leave. Giancarlo perhaps felt that it time to try to something else due to the fact that the timing was just right for him to move on.

While Chambers is still in command at Cisco, Giancarlo is now the second potential CEO successor to leave the nest. Mike Volpi left in February to head up the start-up company, Joost. While some might think that Cisco has a potential leadership vacuum of potential successors, this certainly isn’t the case, as even Giancarlo agreed that Cisco has many other candidates waiting in the wings to fill this slot once Chambers does step down.

Read the full Press Release from Cisco by clicking here.

Last modified on Friday, 21 December 2007 10:44

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments