Few technology leaders, especially in the networking space, are as well known as Cisco's John Chambers. Chambers retired from his post as CEO of Cisco on July 26, 2016, while still holding onto his job as the Executive Chairman of the Board of Directors.
On Sept. 18, Chambers notified Cisco's board that he will not stand for re-election as Chairman when his term officially expires on December 11, 2017.
As of that date, Chambers will become Chairman Emeritus and the mantle of Executive Chair will go to his successor and current CEO, Chuck Robbins.
"John's brilliant mind, compassion and charismatic leadership have helped shape Cisco for over 20 years, and for that we are all grateful," Robbins said in a statement. "John's influence on the industry is immense and he built Cisco around a culture of integrity and innovation that will continue to serve our employees, partners and customers for decades to come."
Chambers was Cisco's CEO from January 1995 until July 2015, growing the company from $1.2 billion in annual revenue when started to approximately $50 billion today. Chambers first joined Cisco in 1991 to lead the nascent company's sales efforts.
Though Chambers is leaving Cisco, he's not leaving the technology industry. He remains an active investor and advisor to startups across several technology verticals.
My next chapter is going to be focused on the development of startup companies, nations, & a startup world driving innovation & job creation— John T. Chambers (@JohnTChambers) September 18, 2017
Sean Michael Kerner is a senior editor at EnterpriseNetworkingPlanet and InternetNews.com. Follow him on Twitter @TechJournalist.