Cisco's CEO, John Chambers, to Take on Chairman Duties
An AP newswire article, via Yahoo! News, reports that:
Network equipment maker Cisco Systems Inc. said Chief Executive John T. Chambers will become chairman of the company when current Chairman John P. Morgridge steps aside on Nov. 15.More here.
Chambers, 56, will retain the CEO post, while Morgridge will become chairman emeritus. The president post is not being filled at the moment, the company said Thursday
Morgridge, 72, has worked at Cisco for more than 18 years, initially as CEO. He oversaw the company's initial public offering in 1990 and was named chairman in 1995.
posted by Fergie @ 6/08/2006 09:21:00 AM
0 Comments:
Post a Comment
<< Home