Cisco Systems (NASDAQ: CSCO) has promoted Chief Operating Officer Gary Moore, formerly leader of the services unit, to the company’s president ranks.
The company said in a Thursday release Moore will oversee end-to-end operations and will continue to drive alignment across the company to support the long-term strategy.
Cisco also announced a promotion for 18-year veteran Robert Lloyd from the executive vice president ranks (click over to GovCon Executive for more on Lloyd’s new responsibilities).
CEO John Chambers said in a release the company made the appointments to continue evolving its organization and capture opportunities in cloud computing, mobility and Internet markets
Chambers and the board of directors reportedly identified Moore and Lloyd as potential candidates to succeed Chambers as chief executive and GovCon Executive also has that story here.
The company credits Moore, an 11-year Cisco veteran, with growing the 10, 000-employee services division to more than $8 billion in annual revenues.
Before joining Cisco, he served as CEO at network consulting company Netigy and in executive positions at Electronic Data Systems, where he held a 26-year career.