Giancarlo Out at Cisco

Greg Galitzine : Greg Galitzine's VoIP Authority Blog
Greg Galitzine

Giancarlo Out at Cisco

Cisco CEO in waiting, Charles Giancarlo, has resigned.
 
Giancarlo, whose last day is December 31, will reportedly join investment firm Silver Lake as a managing director. Silver Lake, as you may recall, is the investment firm that nabbed Avaya in a well publicized private equity deal last June.
 
In a shift away from current business practices, Cisco Chairman and Chief Executive John Chambers announced that the company would appoint a group of executives to oversee acquisitions and other business deals, as opposed to the current “command and control” organization.

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