Cisco Systems Announces Leadership Changes with Gary Steele as New President, Go-to-Market
Cisco Systems announces leadership changes with Gary Steele becoming the new President, Go-to-Market, effective May 15, 2024. Steele brings a wealth of experience from previous roles at Splunk and Proofpoint, as well as tech giants like Sun Microsystems and Hewlett-Packard. Jeff Sharritts will be stepping down from his position, with Steele’s compensation package including a $1 million base salary, potential bonuses, and substantial equity awards. For more insights into Cisco Systems (CSCO) stock, investors can visit TipRanks’ Stock Analysis page.
Cisco Completes Acquisition of Splunk, Enhancing Digital Visibility and Insights
Cisco completes acquisition of Splunk, enhancing visibility and insights across digital landscapes. Integration of network capabilities with leading security and observability solutions aims to empower teams to defend critical infrastructure and enhance network experience. Chuck Robbins, CEO of Cisco, excited about potential for revolutionizing how customers harness data. This development signifies a pivotal step in the evolution of Cisco’s offerings, highlighting its commitment to empowering organizations and fortifying their defenses against emerging threats.