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Cisco Systems' 8-K/A Report: Key Executive Resignation of Gary Steele

$CSCO
Form 8-K/A
Filed on: 2025-02-27
Source
Cisco Systems' 8-K/A Report: Key Executive Resignation of Gary Steele

Here are the key insights extracted from the financial report section provided:

  1. Company Information:
  • Company Name: Cisco Systems, Inc.
  • CIK Number: 0000858877
  • Stock Symbol: CSCO
  • Exchange: NASDAQ
  • Address: 170 West Tasman Drive, San Jose, CA 95134-1706
  • Phone Number: 408-526-4000
  1. Report Type:
  • The report is a Current Report on Form 8-K/A (Amendment No. 1).
  1. Date of Report:
  • The initial report date was February 10, 2025, with the amendment filed on February 12, 2025.
  1. Key Event:
  • Resignation: Gary Steele, President of Go-to-Market, has announced his resignation from Cisco, effective April 25, 2025.
  • Reason for Resignation: He is leaving for an external CEO opportunity.
  1. Change in Effective Date:
  • The amendment to the Form 8-K indicates that Cisco and Mr. Steele have mutually agreed to change the effective date of his resignation.

Summary:

Cisco Systems, Inc. has disclosed that Gary Steele, a key executive, will be resigning from his position effective April 25, 2025, to pursue another CEO opportunity. This filing serves as an amendment to provide additional details regarding the change of the effective date of his resignation. This information may indicate a potential transition in leadership strategy and could impact investor perception and company operations moving forward.