Cisco’s Chambers to Step Down From Board, Robbins to Be Chairman

  • Chuck Robbins has been the company’s leader since July 2015
  • Move cements Robbins’s position as he tries to remake company

Chuck Robbins

Photographer: Jason Alden/Bloomberg
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Cisco Systems Inc. Chief Executive Officer Chuck Robbins will add the executive chairman role to his title, solidifying his position as he tries to remake the business that John Chambers built into one of the largest companies in the technology industry.

Chambers will not stand for re-election to the post of executive chairman in December, the company saidBloomberg Terminal Monday, ending more than two decades of leadership at the networking company. He first joined the board in 1993. Robbins, who has been CEO since 2015, will assume that role.