I am not wanting to start a rumor, as we will find out tomorrow, but look at what this Listwin guy did for CSCO. It would seem to make a good fit with CTXS business, and we know that CSCO and CTXS have a relationship. This coupled with the activity in the stock really peak my interest.
Tuesday August 8, 6:01 pm Eastern Time
Cisco's EVP Don Listwin resigns to lead other company
PALO ALTO, Calif., Aug 8 (Reuters) - Cisco Systems Inc. (NasdaqNM:CSCO - news), the world's biggest maker of computer-networking equipment, announced on Tuesday that its No. 2 executive, Don Listwin, was resigning to lead an unnamed company.
Chief Executive John Chambers made the announcement on a conference call to discuss the company's fiscal fourth-quarter results. He declined to name the company, with which Cisco has a partnership and in which Cisco holds a minority stake.
Listwin is leaving Cisco after 10 years with the company. He is the company's sole executive vice president and had been viewed as a potential successor to Chambers. Listwin was responsible for Cisco's New World business strategy and led its service provider and consumer businesses as well as corporate marketing.
Other executives at Cisco will take over Listwin's responsibilities, Chambers said. Listwin was among the fastest-rising executives at the networking giant. He holds a degree in engineering from the University of Saskatchewan, Canada. |
