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Cisco Names Veteran Salesman Robbins CEO to Revive Growth

Bloomberg business news

What Lies Ahead for Cisco Under CEO Chuck Robbins?

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Cisco Systems Inc. said Chuck Robbins will succeed John Chambers as chief executive officer, appointing a salesman with experience in global operations to revive growth amid intensified competition from upstart software makers.

Robbins will take his new post on July 26, the San Jose, California-based company said Monday. Chambers will become executive chairman. Chambers, 65, had said he would step down by the end of the fiscal year that ends in July 2016.