Saturday, May 7, 2011

Cisco Systems (NASDAQ:CSCO) Management Shakeup

Cisco Systems (NASDAQ:CSCO) has announced a series of changes in its management
unit. Cisco Systems (NASDAQ:CSCO) Management Shakeup As a part of the move to
shake up its management team, Gary Moore, executive vice president and chief
operating officer of Cisco Systems (NASDAQ:CSCO) Services has been appointed as
the leader of the services organization, in addition to his duties as chief
operating officer. As well as this, Marthin De Beer has been assigned to lead
the dedicated Emerging Business Group of Cisco Systems (NASDAQ:CSCO) Engineering
unit to focus on select early-phase businesses. Gary Moore, executive vice
president and chief operating officer of Cisco Systems (NASDAQ:CSCO) Services
said, "Our five company priorities are for a reason — they are the five
drivers of the future of the network, and they define what our customers know
Cisco Systems (NASDAQ:CSCO) is uniquely able to provide for their business
success. The new operating model will enable Cisco Systems (NASDAQ:CSCO) to
execute on the significant market opportunities of the network and empower our
sales, service and engineering organizations." Cisco Systems Inc.
(NASDAQ:CSCO) shares are currently standing at 17.48. Price History Last Price:
17.48 52 Week Low / High: 16.52 / 26.8 50 Day Moving Average: 17.57 6 Month
Price Change %: -26.3% 12 Month Price Change %: -34.2%

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