Cisco Promotes Executives as Chambers Lines Up Successors
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Cisco Systems Inc., the world’s biggest maker of computer-networking equipment, promoted Gary Moore and Robert Lloyd each to the role of president, lining up potential successors to Chief Executive Officer John Chambers.
Both are among 10 candidates Chambers had said were being considered as successors. Moore, 63, who joined Cisco in 2001, will remain chief operating officer. Lloyd, 56, hired by Cisco in 1994, will continue to oversee sales while adding engineering. Both had been executive vice presidents prior to the appointment, Cisco said in a statement yesterday.