Cisco Announces Evolution of Development Organization
Market Wire, December, 2007
Cisco (NASDAQ: CSCO) today announced a new organizational model in its technology development organization intended to optimize the company's ability to drive development of the next phase of communications technologies. The changes within the Cisco Development Organization (CDO) are designed to enhance Cisco's effectiveness and efficiency in delivering integrated products and solutions, as well as to provide greater synergies in its development process.
"Cisco is entering what we believe will be the next phase of Internet growth and productivity centered on the demands of tremendous video growth, the revolution in the data center, and collaboration and networked Web 2.0 technologies, where the network becomes a platform for all communications and IT," said John Chambers, chairman and CEO, Cisco. "The evolution of our development organization reflects our continued commitment to customer success and to successfully executing on new market opportunities."
"We believe this new organization will enable us to better execute our strategy to define next generation[s] communications and IT," said Charlie Giancarlo, executive vice president and chief development officer, Cisco. "The pace and magnitude of this innovative phase will define a new era of how we work, live, play and learn. This new organizational model is designed to drive greater integration, innovation, quality and efficiency in everything we do and reflects Cisco's continued commitment to customer success as we expand into new market opportunities."
Evolution of Technology Organization
Beginning today, there will be four new groups within the Cisco Development Organization:
-- The Access Networking and Services Group, led by Kathy Hill, senior
vice president. This group is responsible for the Integrated Services
Routers, Fixed Configuration Switches, Wireless and Security products, with
a focus on the integration of networking services onto Cisco's full range
of products.
-- The Consumer and Small Business Group, led by Ned Hooper, senior vice
president. This group will be responsible for driving the expansion of
Cisco's existing business in both the consumer and small business markets,
and Linksys will be a part of this group. Hooper will retain his current
role as senior vice president of Corporate Development reporting to Rick
Justice. In his role as head of the Consumer and Small Business Group,
however, Ned will report to Charlie Giancarlo.
-- The Data Center, Switching & Services Group, led by Jayshree Ullal,
senior vice president. This group will develop Cisco's enterprise-class
products framed by the Datacenter 3.0 and Campus Communications Fabric
vision.
-- The Software Group, led by Don Proctor, senior vice president. This
group will be responsible for setting the software strategy for the company
both at the network level and at the services level. This team will include
Network Software, Management, Unified Communications and Collaboration
technologies, and will lead Cisco's efforts in software as a service
(SaaS).
The remainder of the technology leadership team, including the Service Provider Technology Group, which includes Scientific Atlanta, co-led by Tony Bates, senior vice president and Pankaj Patel, senior vice president; Emerging Technologies Group, led by Marthin DeBeer, senior vice president; Global Government Solutions Group, led by Brad Boston, senior vice president; and Research and Advanced Development, led by Joel Bion, senior vice president, will continue with their current roles and responsibilities.
Along with this new organization, Cisco also announced the establishment of a development council made up of key leadership within CDO and chaired by Charlie Giancarlo. This council will be responsible for driving Cisco's effectiveness and ability to deliver more focused and integrated products and solutions to its customers.
About Cisco Systems
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com . For ongoing news, please go to http://newsroom.cisco.com .
Cisco, the Cisco logo, and Cisco Systems are registered trademarks or trademarks of Cisco Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.
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Press Contact: Elizabeth McNichols Cisco . 408 525 4434 emcnicho@cisco.com Investor Relations Contact: Laura Graves Cisco 408 526 6521 lagraves@cisco.com Industry Analyst Relations Contact: Skip MacAskill Cisco 408 525 1583 smacaski@cisco.com
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