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During Chambers' time at the company, Wang's profits declined dramatically from $2 billion 1989 to a $700 million loss in 1990. A year later, Chambers left Wang to join Cisco, which had gone public on February 16, 1990. [12] In 1995 Chambers became CEO of Cisco, a position he held until 2015. He had also been promoted to board chairman in 2006 ...
Cisco ranked number one in Great Place to Work's World's Best Workplaces 2019. [186] In 2020, Fortune magazine ranked Cisco Systems at number four on their Fortune List of the Top 100 Companies to Work For in 2020 based on an employee survey of satisfaction.
The company's largest acquisition as of October 2023 is the purchase of Splunk—a software company that develops software for the analysis and monitoring of machine-generated data— US$ 28 billion. [3] Cisco's previous largest acquisition was tied between Cerent Corporation and Scientific Atlanta for $6.9 billion in 1999 and 2005 respectively ...
John Chambers stepped down as CEO of Cisco in 2015, and left the board at the end of 2017. "I'm not retired, but I am on to my next chapters," John Chambers told Business Insider in the hours ...
2021 First woman to head a major U.S. bank. Cisco Systems: Chuck Robbins: CEO [33] 2015 Succeeded John T. Chambers, who became the chairman 2017-11-14 Citigroup: Jane Fraser: CEO [34] 2021 Succeeded Michael Corbat: 2022-02-03 Coca-Cola: James Quincey: Chairman and CEO [35] 2008 Previously the firm's COO 2017-11-14 Comcast: Brian L. Roberts ...
In May 2015, Cisco announced that CEO and chairman John Chambers would step down as CEO in July 2015 while remaining as chairman. Robbins, then a senior vice president, was named as his successor. [5] Mentored by Chambers, Robbins was unanimously voted in as the company's new chief executive, becoming CEO of Cisco Systems in July 2015. [6] [5] [7]
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Forbes named Sweeney the state’s richest person last year, when his net worth shot up from $4.1 billion in 2021 to a reported $7.4 billion. This week’s rankings returned Sweeney’s worth to ...