While IBM's succession plan, things are a bit different over at Cisco.
The succession plan isn't a total mystery, but there is room for guessing as CEO John Chambers revealed a list of potential successors to his post in an interview with Bloomberg on Tuesday.
Bloomberg reports that Chambers named at least 10 candidates. Here's a glance at who was mentioned:
- Gary Moore, chief operating officer
- Robert Lloyd, executive vice president of worldwide operations
- Chuck Robbins, senior vice president for Cisco Americas
- Edzard Overbeek, senior vice president of global services
Chambers admitted to Bloomberg that his retirement could come as soon as within two to four years. Until then, the 63-year old CEO said that we could expect to see him delegate more of his responsibilities to other executives.
Chambers originally joined Cisco in 1991 as senior vice president of the networking giant's Worldwide Sales and Operations unit. He was named CEO in 1995 and was later elected as chairman of the board in 2006.
Within that time frame, Cisco grew from a run rate of $70 million when he joined in 1991 to $1.2 billion in 1995 to the current run rate of $40 billion.