Feeds

Chambers number 2 walks out of Cisco

CEO wannabe Giancarlo not a team player

The Essential Guide to IT Transformation

Cisco number two Charles Giancarlo, who was widely tipped to become the firm's next CEO, has resigned.

The network giant said yesterday that a rejig of the organisation's business was underway to shift from a "command and control" structure to a team-led approach.

Cisco CEO John Chambers said that he had hired a group of execs to oversee acquisitions and business deals at the firm.

The so-called "development council" will replace Giancarlo who leaves Cisco at the end of the year.

Explaining his decision to quit, 50-year-old Giancarlo told reporters in a conference call yesterday that Cisco's management restructure did not fit with his ambitions to be at the helm of a company.

He will join Silicon Valley investment firm Silver Lake early next year.

Chambers said in a statement: "As we build Cisco into a next-generation company, we will transition from a company that is driven from command and control to one that is built on teamwork and collaboration."

While the statements from Chambers and Giancarlo were measured, in keeping with Cisco's steady as she goes attitude, the news has sent waves through the industry, with words like "turmoil" being bandied around by the likes of the FT.

Certainly, some will see the shift from an orderly succession to a "development council" as a recipe for instability as execs inevitably jockey for their place in line for the top job.®

The Essential Guide to IT Transformation

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Multipath TCP speeds up the internet so much that security breaks
Black Hat research says proposed protocol will bork network probes, flummox firewalls
Microsoft says 'weird things' can happen during Windows Server 2003 migrations
Fix coming for bug that makes Kerberos croak when you run two domain controllers
Cisco says network virtualisation won't pay off everywhere
Another sign of strain in the Borg/VMware relationship?
Forrester says Australia, not China, is next boom market for cloud
It's cloudy but fine down under, analyst says
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.