Tuesday, 1 September 2015

Cisco Chairman Chambers Reports to CEO Robbins

In a twist, Ex-CEO and Director is now Subordinate to Former Subordinate

It is rare for the president of the board of a public company under the CEO. It's even more rare that a board Director reports to the CEO CEO typically reports to the board. However, that seems to be the structure of Cisco, a deal that was not publicly revealed the new CEO Chuck Robbins executive team leadership and reporting structure was announced in June.

It was unveiled this week only after our story appeared and after Cisco initially refused to comment on its internal organizational structure reveals that innovators and key engineers inform the former CEO still cameras, not the new CEO Robbins, posed questions about who actually makes decisions on major investments in products and technology.

Robbins became a director of Cisco in May, when the company announced it was going to happen to the Chambers as CEO on July 26, the first day of Cisco's fiscal year 2016. Chambers is a director of the company employee versus an independent director.

An independent director, according to director decides on NASDAQ, it is one that has not been employed by the company at least three years. Cameras resign from office as CEO on July 26, but remains an employee of Cisco, a company spokesman confirmed, so its window of three years to become an independent director has not yet been opened.

Over 80% of the board of Cisco consists of Independent Directors. Carol Bartz, the former president and CEO of Yahoo! and former chairman, president and CEO of Autodesk, which serve plomo consejero independiente, and Chambers, of course, is the Executive Chairman, UN role that carries over to his dual duties of president and CEO.

No there is no specific language in the Proxy Cámaras States refers to Robbins. But Cisco spokesman confirmed to be in a peculiar arrangement so.So informes, the former CEO and current Chairman and CEO Cámaras administration advisor refers to his successor, another director, who reported a Cámaras when he led the Sales en world everything.

And the team responsible for the conception, design and development of products of some of the most important and Success Cisco continues a report At Habitaciones former CEO and new CEO Robbins ... but the former CEO de correo electrónico adviser current President Cámaras now refers to the former CEO and current subject and director Robbins, which report equipo At that MEANS of Engineers product Habitaciones indirectly responds to the company's CEO.

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