Five more years of Chambers

John Chambers intends to stay on as Cisco CEO for the next three to five years, according to BusinessWeek's Peter Burrows. Chambers spoke with the BW reporter after Cisco released its fiscal third quarter results Tuesday, and said the company plans to make more acquisitions this year, especially in the network software market.

Burrows writes:

That means others will have to wait for their shot at the corner office. While the public perception is that Giancarlo is the most-likely-to-succeed, especially after the departure of Mike Volpi earlier this year, many insiders think Robert Lloyd, senior vice president of US and Canada operations, is being groomed for the post. Guess he'll be plenty groomed by the time Chambers takes his final bow.

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