Cisco Names Veteran Robbins To Succeed Chambers as CEO

bledri writes: After 20 years as Cisco's CEO, John Chambers will step down this summer. The search for a replacement took a committee 16 months, and they selected Chuck Robbins, who was previously responsible for the company's global sales and partner team. From the article: "Wall Street analysts said a change was expected and could signal a refocusing of Cisco, which acquired dozens of companies under Chambers but has failed to make great headway outside its core networking business."