Saturday, May 7, 2011

Cisco Systems (NASDAQ:CSCO) Management Shakeup

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tdp2664 E money daily 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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