For the first time in two decades, Cisco will have a CEO not named John Chambers.
Cisco (CSCO, Tech30) on Monday announced that longtime executive Chuck Robbins will replace Chambers as the company's chief executive. Robbins will officially take the networking company's reins on July 26, and he was named as one of the company's directors.
Cisco names Chuck Robbins as its new CEO - May. 4, 2015
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