Cisco elevates 2 execs to president role

Print
Email
|

Associated Press

Posted on October 4, 2012 at 3:00 PM

Updated Thursday, Oct 4 at 6:01 PM

NEW YORK (AP) — Cisco Systems Inc. hasn't had a president since CEO John Chambers gave up the title in 2006. Now, as the San Jose, Calif., company thinks about a successor to the long-serving CEO, it's appointing two presidents — twice the number most companies have.

The maker of computer networking gear says Rob Lloyd, formerly the executive vice president in charge of worldwide sales, is now a president in charge of both product development and sales.

Meanwhile Chief Operating Officer Gary Moore, who had to make do with the title of executive vice president, is now a president, too.

Chuck Robbins, formerly the senior vice president for Americas sales, takes over Lloyd's job as global sales head.

Print
Email
|