Cisco Systems (CSCO) Announces CFO Change
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SELL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: +18.2%
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On May 9, 2025, Scott Herren notified Cisco Systems (NASDAQ: CSCO) of his decision to retire as Executive Vice President and Chief Financial Officer of Cisco effective July 26, 2025. Mr. Herren will remain employed by Cisco as an Executive Advisor through May 1, 2026. On May 10, 2025, Cisco appointed Mark Patterson to succeed Mr. Herren as Executive Vice President and Chief Financial Officer of Cisco effective July 27, 2025. Mr. Patterson currently serves as Executive Vice President and Chief Strategy Officer of Cisco.
On May 10, 2025, Cisco also appointed Jeetu Patel as President and Chief Product Officer effective May 14, 2025. Mr. Patel currently serves as Executive Vice President and Chief Product Officer of Cisco.
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