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. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Having assisted Cisco Systems, Inc. (“Cisco”) in the transition of its business model to increased software and subscriptions, and in light of the progress in that regard, on December11, 2017, Chris Dedicoat (Executive Vice President, Worldwide Sales& Field Operations) notified Cisco of his intention to resign his current role effective July28, 2018, the end of fiscal 2018, and take on a role thereafter as senior advisor to the Chief Executive Officer, and Rebecca Jacoby (Senior Vice President and Chief of Operations) notified Cisco of her intention to retire from Cisco. Ms.Jacoby has agreed to continue to serve in her position until January27, 2018, the end of the second quarter of fiscal 2018, and to continue as an advisor to her successor through May31, 2018.
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.