Feeds

Chambers number 2 walks out of Cisco

CEO wannabe Giancarlo not a team player

Next gen security for virtualised datacentres

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
The Return of BSOD: Does ANYONE trust Microsoft patches?
Sysadmins, you're either fighting fires or seen as incompetents now
Microsoft: Azure isn't ready for biz-critical apps … yet
Microsoft will move its own IT to the cloud to avoid $200m server bill
Oracle reveals 32-core, 10 BEEELLION-transistor SPARC M7
New chip scales to 1024 cores, 8192 threads 64 TB RAM, at speeds over 3.6GHz
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
Object storage bods Exablox: RAID is dead, baby. RAID is dead
Bring your own disks to its object appliances
Nimble's latest mutants GORGE themselves on unlucky forerunners
Crossing Sandy Bridges without stopping for breath
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.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?