Cisco’s newly-appointed CEO, Chuck Robbins, announced plans for a flatter leadership structure at the firm. As a result, Rob Lloyd, president of Sales and Development, and Gary Moore, president and COO, will be leaving the company, effective July 25th.
In a blog posting, Robbins said his focus areas are acceleration, simplification, operational rigor and culture. He plans to announce a new organizational structure and team within two weeks.
http://blogs.cisco.com/news/leadership-transitions-for-the-digital-age
