Cisco 2011 Annual Report Download - page 21

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approximately 6,447 in general and administration. Approximately 37,300 employees are in locations within the
United States. We expect our headcount to decrease in the near term as part of targeted cost-cutting initiatives,
which include the workforce reduction announced in July 2011. Additionally, we also expect our headcount in
fiscal 2012 to decrease by approximately 5,000 employees upon the completion in fiscal 2012 of the sale of our
Juarez, Mexico manufacturing operations.
We consider the relationships with our employees to be positive. Competition for technical personnel in the
industry in which we compete is intense. We believe that our future success depends in part on our continued
ability to hire, assimilate, and retain qualified personnel. To date, we believe that we have been successful in
recruiting qualified employees, but there is no assurance that we will continue to be successful in the future.
Executive Officers of the Registrant
The following table shows the name, age and position as of August 31, 2011 of each of our executive officers:
Name Age Position
Frank A. Calderoni .... 54 Executive Vice President and Chief Financial Officer
Mr. Calderoni joined Cisco in May 2004 as Vice President, Worldwide Sales
Finance. In June 2007, he was promoted to Senior Vice President, Customer
Solutions Finance. He was appointed to his current position effective in
February 2008. From March 2002 until he joined Cisco, Mr. Calderoni served
as Vice President and Chief Financial Officer of QLogic Corporation, a supplier
of storage networking solutions. Prior to that, he was Senior Vice President,
Finance and Administration and Chief Financial Officer of SanDisk
Corporation from February 2000 to February 2002. Prior to that, he was
employed by IBM Corporation where he held a number of executive positions.
John T. Chambers ..... 62 Chairman, Chief Executive Officer, and Director
Mr. Chambers has served as Chief Executive Officer since January 1995, as
Chairman of the Board of Directors since November 2006 and as a member of
the Board of Directors since November 1993. Mr. Chambers also served as
President from January 31, 1995 to November 2006. He joined Cisco as Senior
Vice President in January 1991 and was promoted to Executive Vice President
in June 1994. Mr. Chambers was promoted to President and Chief Executive
Officer as of January 31, 1995. Before joining Cisco, he was employed by
Wang Laboratories, Inc. for eight years, where, in his last role, he was the
Senior Vice President of U.S. Operations.
Mark Chandler ....... 55 Senior Vice President, Legal Services, General Counsel and Secretary
Mr. Chandler joined Cisco in July 1996, upon Cisco’s acquisition of StrataCom,
Inc., where he served as General Counsel. He served as Cisco’s Managing
Attorney for Europe, the Middle East, and Africa from December 1996 until
June 1999; as Director, Worldwide Legal Operations from June 1999 until
February 2001; and was promoted to Vice President, Worldwide Legal Services
in February 2001. In October 2001, he was promoted to Vice President, Legal
Services and General Counsel and in May 2003, he was also appointed
Secretary. In February 2006, he was promoted to Senior Vice President. Before
joining StrataCom, he had served as Vice President, Corporate Development
and General Counsel of Maxtor Corporation.
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