BULLETIN - Cisco's Giancarlo resigns

Cisco Systems Chief Development Officer and Executive Vice President Charles Giancarlo has resigned, the company announced Thursday.

The 14-year Cisco veteran, who was widely seen as a likely candidate to replace Chairman and CEO John Chambers, left to pursue new professional opportunities, the company said in a statement.

A Development Council of seven technology leaders, which was organized earlier this month under Giancarlo's leadership, will drive Cisco's development efforts, the company said.

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Cisco Systems Chief Development Officer and Executive Vice President Charles Giancarlo has resigned, the company announced Thursday.

The 14-year Cisco veteran, who was widely seen as a likely candidate to replace Chairman and CEO John Chambers, left to pursue new professional opportunities, the company said in a statement.

A Development Council of seven technology leaders, which was organized earlier this month under Giancarlo's leadership, will drive Cisco's development efforts, the company said.

(More to follow.)

The IDG News Service is a Network World affiliate.