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Succession Questions Swirl Cisco's Chambers
By siliconindia
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Wednesday, 14 September 2011, 23:33 IST
Bangalore: When John Chambers will take to stage at the annual financial analyst conference of Cisco Systems, many will wonder if it is the last time the chief executive leads the company, reveals Reuters.
After more than 16 years at the helm of the world's largest network equipment maker, there is discussion both inside and outside Cisco that it is only a matter of time that Chambers cedes her CEO post.
While Chambers, 62, still enjoys the support of the board and there is no formal CEO search under way, there is frustration in the company over the lack of a clear succession plan, according to people with knowledge of the situation.
Potential candidates have begun to lobby Cisco shareholders to build support, amid a general belief that the next leader will likely come from outside the company following the exodus of many senior executives in recent years.
The roster of possible CEO contenders being bandied about SiliconValley includes former Hewlett-Packard Co chief executive Mark Hurd and former Cisco executives Charles Giancarlo, Mike Volpi, Gary Daichendt and James Richardson.
Other industry executives who have also been mentioned as possible contenders for what would be one of technology's most high-profile jobs include Juniper Networks CEO Kevin Johnson, former McAfee CEO Dave DeWalt, and HP executive David Donatelli.