Feeds

Chambers number 2 walks out of Cisco

CEO wannabe Giancarlo not a team player

Intelligent flash storage arrays

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.®

Choosing a cloud hosting partner with confidence

More from The Register

next story
'Kim Kardashian snaps naked selfies with a BLACKBERRY'. *Twitterati gasps*
More alleged private, nude celeb pics appear online
Wanna keep your data for 1,000 YEARS? No? Hard luck, HDS wants you to anyway
Combine Blu-ray and M-DISC and you get this monster
US boffins demo 'twisted radio' mux
OAM takes wireless signals to 32 Gbps
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
Apple flops out 2FA for iCloud in bid to stop future nude selfie leaks
Millions of 4chan users howl with laughter as Cupertino slams stable door
Students playing with impressive racks? Yes, it's cluster comp time
The most comprehensive coverage the world has ever seen. Ever
Run little spreadsheet, run! IBM's Watson is coming to gobble you up
Big Blue's big super's big appetite for big data in big clouds for big analytics
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.