Monday, December 24, 2007

Charlie Giancarlo Departure

December 20, 2007

You have likely already seen the news that our Chief Development Officer and Executive Vice President Charlie Giancarlo is leaving Cisco to pursue new professional opportunities. Charlie is a great guy and a great leader and his presence at Cisco will definitely be missed.

Our Chairman and CEO, John Chambers, offered these kind words about Charlie: "“Charlie has been a close colleague and a good friend during the 14 years he has been at Cisco, and he has made many significant contributions to the company during that time. He has built a seasoned management team that has the strength and skills to execute against our technology vision in order to capture growth opportunities and market share. Cisco is very proud to have had Charlie as one of its leaders, and he will always be considered part of Cisco's extended family.”

Charlie is an innovator and has led many of Cisco's technology and market developments, not the least of which was forming our M&A and business development function - one that is recognized throughout the business world as a model. In the Web 2.0 area, he has also always been willing to lead by example, by blogging, and vlogging...something that many of his leadership team that he leaves will hopefully continue.

Charlie has announced that he is joining Silver Lake Partners as a Managing Partner effective January 1, 2008. He is leaving Cisco at a time when he is confident that Cisco’s business and technology strategies are strong and when the company is ideally positioned for growth in a number of important areas.

Good luck in your new venture, Charlie...we wish you the best of luck and you will be missed.

Posted by John Earnhardt on December 20, 2007 02:17 PM