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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 ...
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]
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 ...
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 ...
Deemed the richest person in Atlanta by Forbes in 2016, Chambers was a ... Johnson has an estimated net worth of $23.5 billion. As of 2021, she is the richest person in Massachusetts, according to ...
Yahoo Finance Editor-in-Chief Andy Serwer sits down with JC2 Ventures CEO, John Chambers. Chambers also served as former executive chairman and CEO of Cisco Systems.
He joined Cisco in 1988, then a four-year-old company with 34 employees, as its second chief executive officer and chairman of the board. [5] He was replaced by John Chambers as CEO in 1995 and as chairman in 2006. [8] [9] At his retirement in 2006, Cisco had 50,000 employees in 77 countries. [10]
The John T. Chambers Stock Index From January 2008 to December 2012, if you bought shares in companies when John T. Chambers joined the board, and sold them when he left, you would have a -27.2 percent return on your investment, compared to a -2.8 percent return from the S&P 500.