Cisco presidents to step down after new CEO appointment

News General Global 1 JUN 2015
Cisco presidents to step down after new CEO appointment
Cisco's new CEO Chuck Robbins has announced changes to the company's top management. At the end of the company's fiscal year in July, Rob Lloyd, president for sales and development, and Gary Moore, president and COO of Cisco, will leave the group. Lloyd worked 12 years for the group, starting as head of Cisco Canada, while Moore was with Cisco for 14 years. 

Going forward, Cisco will move to a "flatter" leadership team "designed for the speed, innovation and execution that is required of us over the next decade", Robbins said. He added that he will announce a new organisational structure and leadership team for Cisco within two weeks. 

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