CISCO SYSTEMS, INC. (NASDAQ:CSCO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
(b) On September13, 2017, John T. Chambers, Executive Chairman of Cisco Systems, Inc. (“Cisco”) notified Cisco and its Board of Directors (the “Board”) of his decision not to stand for re-election at the 2017 Annual Meeting of Shareholders. The Board is expected to reduce the size of the Board to eleven members effective at the time of the 2017 Annual Meeting of Shareholders. Mr.Chambers will continue to serve as Executive Chairman until Cisco’s 2017 Annual Meeting of Shareholders to be held on December11, 2017. The Board plans to appoint Chuck Robbins, Chief Executive Officer of Cisco, to also serve as Chairman of the Board when Mr.Chambers’ term expires.
A copy of Mr.Chambers’ notification letter is attached as Exhibit 99.1 to this report.
| Item 5.02. | Financial Statement and Exhibits. |
CISCO SYSTEMS, INC. ExhibitEX-99.1 2 d458120dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 From: John Chambers Date: September 13,…To view the full exhibit click here
About CISCO SYSTEMS, INC. (NASDAQ:CSCO)
Cisco Systems, Inc. designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC). The Company groups its products and technologies into various categories, such as Switching; Next-Generation Network (NGN) Routing; Collaboration; Data Center; Wireless; Service Provider Video; Security, and Other Products. In addition to its product offerings, the Company provides a range of service offerings, including technical support services and advanced services. The Company delivers its technology and services to its customers as solutions for their priorities, including cloud, video, mobility, security, collaboration and analytics. The Company serves customers, including businesses of all sizes, public institutions, governments and service providers.