Cisco's Changing Of The Guard: 8 Executive Moves That Illustrate CEO Robbins' Software-Centric Push
Since taking the helm as Cisco CEO about three years ago, Chuck Robbins has moved aggressively to transform the legacy networking giant to a software- and subscription-focused firm, and that drive has shown up in the additions to and departures from the company's executive ranks.
Robbins is clearly after executives with deep backgrounds in and knowledge of software, and he has shown himself more than willing to recruit executives from outside Cisco. That's a significant departure from the hire-from-within strategy employed by his predecessor John Chambers, and it has brought Cisco several of its newest high-profile executives.
On the flip side, Cisco has said goodbye to a number of long-serving executives, the latest being Americas sales chief Alison Gleeson, who announced her departure Thursday after more than 20 years at the San Jose, Calif., company.
Robbins' strategy is beginning to take hold in the market. Cisco's subscription-based Catalyst 9000 series has attracted nearly 6,000 customers in less than a year. In the company's third fiscal quarter, recurring revenue accounted for nearly a third of total revenue and subscriptions accounted for about 55 percent of total software revenue.
Here are several major Cisco executive moves that have accompanied Robbins' push into the software-centric world.