Summary
Cisco Systems, Inc. (CSCO) filed a Form 8-K on August 7, 2007, to report a significant executive change. Dennis D. Powell, the Senior Vice President and Chief Financial Officer (CFO), has announced his decision to retire from his position, with his departure expected around mid-February 2008. This announcement marks the end of Mr. Powell's tenure in a key leadership role within the company.
Key Highlights
- 1Dennis D. Powell, Senior Vice President and Chief Financial Officer (CFO), announced his retirement.
- 2Mr. Powell's retirement is effective around mid-February 2008.
- 3Frank A. Calderoni is expected to succeed Mr. Powell as CFO.
- 4Mr. Calderoni currently serves as Senior Vice President, Customer Solutions Finance at Cisco.
- 5The filing is dated August 7, 2007, with the earliest event reported on August 6, 2007.
Frequently Asked Questions
This 8-K filing primarily announces the upcoming retirement of Cisco's CFO, Dennis D. Powell, and the planned succession by Frank A. Calderoni.
Mr. Powell's retirement is expected to be effective around mid-February 2008.
Frank A. Calderoni, currently the Senior Vice President of Customer Solutions Finance, is expected to be appointed as the successor to Mr. Powell as CFO.
No, this filing is specific to an executive officer change and does not provide information on the company's immediate financial performance or results.